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Your client, Sam, is a small business taxpayer. He is under the impression that every dollar he spends currently related to his business will reduce

Your client, Sam, is a small business taxpayer. He is under the impression that every dollar he spends currently related to his business will reduce his taxable income. Provide an alternative example of where Sam might have an expense disallowance. Also, explain what actions Sam could take to turn a disallowed expense into a deductible expense.

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