Marty is a sales consultant. Marty incurs the following expenses related to the entertainment of his clients

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Marty is a sales consultant. Marty incurs the following expenses related to the entertainment of his clients in 2018:

Dues to a country club (The country club was used for business 25 days of the total 75 days that it was used.) Business

a. How much is Marty’s deduction for entertainment expenses for 2018? $ __________

b. For each item listed above that you believe is not allowed as a deduction, explain the reason it is not allowed.

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Related Book For answer-question

Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Mar 02, 2019 07:06 AM

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Marty is a sales consultant. Marty incurs the following expenses related to the entertainment of his clients

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a Business meals at the country club 1200 Business meals at various resta...View the full answer

Income Tax Fundamentals 2019

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