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Requirement Which amounts are deductible by the corporation? Which are taxable to the employee? (Assume the tax year is 2022 and all meals are restaurant-provided.)

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Requirement Which amounts are deductible by the corporation? Which are taxable to the employee? (Assume the tax year is 2022 and all meals are restaurant-provided.) Business travel and meals for the vice president. Business travel and meals for the vice president with a 50% meal expense disallowance. Employee supper for accounting staff during overtime. Employee supper for accounting staff during overtime with a 50% expense disallowance. Manager's rental unit for $12,000. Manager's rental unit actual expenses; depreciation, taxes, repairs, etc. None President entertaining bankers and business contacts. President entertaining bankers and business contacts with a 50% expense disallowance

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