Can a current tax deduction for salaries and wages include payments for services performed in past years
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Can a current tax deduction for salaries and wages include payments for services performed in past years and for services to be performed in future years? Why is a sole proprietor not entitled to a tax deduction for salary payments to himself or herself?
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A current tax deduction for salaries and wages generally cannot include payments for services perfor...View the full answer
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Related Book For
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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