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Reporting expenses using correct categories and accurate descriptions accomplishes all of the following EXCEPT: A) It helps prevent reporting expenses that are disproportionate to one
Reporting expenses using correct categories and accurate descriptions accomplishes all of the following EXCEPT:
A) It helps prevent reporting expenses that are disproportionate to one another.
B) It reduces tax liability.
c) It allows the taxpayer to review and understand their tax returns at a later date.
D) It provides the IRS information it needs without having to perform an audit of the tax return
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