The significance of meeting the "travel away from home" standard is that it allows the deduction of meals,lodging,and other incidental expenses such as dry cleaning.
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Q3: "Listed property" includes only passenger automobiles.
Q4: The standard mileage rate encompasses depreciation or
Q5: A sole proprietor's trade or business income
Q6: The §179 expense deduction is limited to
Q7: Transportation costs are deductible when a taxpayer
Q9: The cost of all personal property is
Q10: Taxpayers must use the mid-month convention when
Q11: Fines paid that are ordinary and necessary
Q12: Once the more-than-50% business-use test is met
Q13: A business bad debt is treated as
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