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1. Mr. Rouse's tax situation for the year is very complicated. He engaged in several multimillion-dollar investment transactions involving unresolved tax issues. He has instructed
1. Mr. Rouse's tax situation for the year is very complicated. He engaged in several multimillion-dollar investment transactions involving unresolved tax issues. He has instructed his accountant to take the most aggressive position possible with respect to these transactions. Mr. Rouse also wants to take a business travel deduction for a trip on which his wife and two daughters accompanied him. The deduction would be only $7,293. Can you suggest any strategic reason he should forgo the business travel deduction
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