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Ted Turners employer offers him a choice of reimbursing $600 of professional dues and subscriptions, or reimbursing $600 of retirement planning services. Ted, a computer
Ted Turners employer offers him a choice of reimbursing $600 of professional dues and subscriptions, or reimbursing $600 of retirement planning services. Ted, a computer specialist with the firm, expects to earn an additional $20,000 during the current year as part[1]time consultant, which will be reported on Schedule C. What advice would you give Ted concerning the choice, assuming the dues and subscriptions would qualify as ordinary and necessary business expenses on his Schedule C?
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