If an employer reimburses an employee for business meals and entertainment expenses,the employer can only deduct 50 percent of the reimbursement.
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Q2: For transportation expenses for foreign travel of
Q3: Expenses must be ordinary, necessary, and reasonable
Q4: A temporary assignment cannot exceed one-year.
Q5: A taxpayer can elect to expense immediately
Q7: An accrual-basis taxpayer deducts an expense when
Q8: In 2015,all corporations with at least $10
Q9: Under no circumstances will the IRS permit
Q13: If a spouse accompanies an employee on
Q15: The UNICAP rules require inventory to include
Q16: A cash basis taxpayer recognizes an expense
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