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Joe Is a Self-Employed Tax Attorney Who Frequently Entertains His

Question 64

Multiple Choice

Joe is a self-employed tax attorney who frequently entertains his clients at his country club. Joe's club expenses include the following: Joe is a self-employed tax attorney who frequently entertains his clients at his country club. Joe's club expenses include the following: Assuming the business meals and entertainment qualify as deductible entertainment expenses, Joe may deduct A) $2,000. B) $4,700. C) $5,300. D) $4,000. Assuming the business meals and entertainment qualify as deductible entertainment expenses, Joe may deduct


A) $2,000.
B) $4,700.
C) $5,300.
D) $4,000.

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