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QUESTION 55 Which of the following entities is generally not required to have the same tax year-end as that of its owners/beneficiaries? Partnership Os corporation

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QUESTION 55 Which of the following entities is generally not required to have the same tax year-end as that of its owners/beneficiaries? Partnership Os corporation O corporation 2.5 points Serve Answer Trust QUESTION 56 1 points Taxpayers may deduct the cost of a business meal for a client as long as the surroundings are conducive to a business discussion. A business discussion need not transpire before, after, or during the meal. Save Answer True False QUESTION 57 2.5 points Save Answer In the current year Rita, a self-employed artist, paid the following expenses: Business-related moving from Boston to San Diego $3.000 Business entertainment of clients where business was discussed during the entertainment $1,000 Annual dues to country club where clients dine and are entertained $2.000 In the current year, what is her deduction for these expenditures? O $6.000 O $3.000 O $2.000 Click Save and Submit to save and submit. Click Save All Answers to save all anders Save AA Save and Sub 7:00 PM 7/3/2000

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