Question
An example of the administrative convenience concept is the IRSs announce-ment that the value of frequent flyer miles earned for business travel need not be
An example of the administrative convenience concept is the IRSs announce-ment that the value of frequent flyer miles earned for business travel need not be included in the recipients gross income. Based on the IRSs stated rationale in Announcement 2002-18, do you believe that the same rule would apply to miles earned for personal travel? Why or why not?
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
10th Edition
0324183518, 978-0324183511
