What is an ordinary and necessary business expenditure?

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What is an "ordinary and necessary" business expenditure?

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Taxation Of Individuals And Business Entities 2015

ISBN: 9780077862367

6th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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Question Posted: Jan 20, 2017 10:23 AM

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What is an ordinary and necessary business expenditure?

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Ordinary and necessary imply that an expense must be customary and helpful respectively Becaus...View the full answer

Taxation Of Individuals And Business Entities 2015

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