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A. The income tax consequences to Maxine's Cleaning Services that result from owning and selling the Honda Accord and owning the BMW in 2023. Additionally,
A. The income tax consequences to Maxine's Cleaning Services that result from owning and selling the Honda Accord and owning the BMW in 2023. Additionally, please advise the business on how much they could spend on an automobile to maximize their CCA deduction for the year. B. The minimum amount of the taxable benefit that Maxine will have to include in her 2023 employment income. C. Maxine wants to know why there is a taxable benefit that must be included in her employment income calculation; please explain the reasoning to her and at least three ways in which she can minimize her tax impact as it relates to automobile benefits
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