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Briefly explain if the following statement is correct: Gross negligence would bar (prohibit) a taxpayer from claiming a casualty loss deduction. Be as brief/succinct as

Briefly explain if the following statement is correct: Gross negligence would bar (prohibit) a taxpayer from claiming a casualty loss deduction. Be as brief/succinct as possible in providing your answer.

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Financial Accounting Information for Decisions

Authors: John Wild

7th edition

78025893, 978-0078025891

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