Question
Read the information in the article marked Ethics, then answer the questions at the end of the article by placing your comments in the Discussion
Read the information in the article marked "Ethics," then answer the questions at the end of the article by placing your comments in the Discussion Board tab of Blackboard. Be sure to support your answer with your reasoning.
Ethics: your client traditionally provides free doughnuts and coffee to its employees every Friday morning to help boost morale. corporations can generally deduct 50 percent of the cost of food provided to employees. However, food costs at "mentoring events" is 100 percent deductible. Following the tax director's personal, the Friday events have been recharacterized as "mentoring events" by having someone from management make a few remarks about professional development. what do you think of the corporation's approach to maximizing its deduction for meals on its tax return?
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