Nell recently purchased a weekly newspaper that has been generating losses. Nell is convinced that she can

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Nell recently purchased a weekly newspaper that has been generating losses. Nell is convinced that she can turn the newspaper around with a new editorial style and increased circulation expenditures. What are the tax benefits and potential income tax pitfalls, if any, of increasing the circulation expenses?
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South Western Federal Taxation 2015

ISBN: 9781305310810

38th Edition

Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young

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