(Appendix 1A) E. W. Hauser and Associates showed $38,000 of net income on this past years income...
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(Appendix 1A) E. W. Hauser and Associates showed $38,000 of net income on this past year’s income statement. Yet the tax form filed with the Internal Revenue Service indi¬ cated only $25,000 of taxable income. Can you suggest several reasons and cite several examples that might explain this difference?
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