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How does Safe Harbor Deduction for De Minimis Expidentures relate to the following scenario? A taxpayer with an audited financial statement A taxpayer without an

How does Safe Harbor Deduction for De Minimis Expidentures relate to the following scenario?

  1. A taxpayer with an audited financial statement
  2. A taxpayer without an audited financial statement
  3. Please describe two types of assets to where the safe harbor provision doesn't apply & describe how the taxpayer is able to recover the costs associated with the two types of assets

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