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Michael, a small business owner, recently purchased a new passenger automobile for business use in early 2 0 2 4 and is also considering leasing
Michael, a small business owner, recently purchased a new passenger automobile for business use in early
and is also considering leasing a vehicle for his sales team. As he prepares for the upcoming tax season,
he seeks to understand the implications of Revenue Procedure on his financial planning. Which of the
following statements accurately reflects the impact of Revenue Procedure on Michaels situation?
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Financial Markets and Institutions
Authors: Jeff Madura
12th edition
9781337515535, 1337099740, 1337515531, 978-1337099745
