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Which of the following is a currently deductible trade or business expense? a. $120,000 to acquire a new printing press. b. $25,000 fee paid to
Which of the following is a currently deductible trade or business expense?
a. $120,000 to acquire a new printing press.
b. $25,000 fee paid to a TV station to advertise a new product.
c. $10,000 fee paid to a marketing firm for a market analysis for a new business.
d. $5,000 trustee fees paid to a bank to manage tax-exempt securities.
e. All of the above are currently deductible expenses.
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