Question
PLEASE ANSWER A, B AND C On thursday, Justin flies from Balimore (his home office) to Cadiz (Spain). He conducts business on Friday and Tuesday;
PLEASE ANSWER A, B AND C
On thursday, Justin flies from Balimore (his home office) to Cadiz (Spain). He conducts business on Friday and Tuesday; vacations on Satuarday, Sunday, and Monday ( a legal holiday in Spain); and returns to Baltimore on Thursday. Justin was schdualed to return home on Wednesday, but all flights were canceled due to bad weather. Therefore, he spent Wednesday watching floor shows at a local casino.
a) For tax purposes, what portion of Justin's trip regarded as being for business?
b) Suppose Monday was not a legal holiday. Would this change your answer in part (a) ? Explain?
c) Under either part (a) or (b), how much of Justin's airfare qualifies as a deducible business expense?
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Audit Function Strategy Driving Audit Value The Best Practice Strategy Guide For Maximising The Audit Added Value At The Internal Audit Function Level Volume 1
Authors: Hans Beumer
1st Edition
3906861139, 978-3906861135
