Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: Augustus1 on Jan 9, 2017



Title: Joe is a self-employed tax attorney who frequently entertains his clients at his country club. ...
Post by: Augustus1 on Jan 9, 2017
Joe is a self-employed tax attorney who frequently entertains his clients at his country club. Joe's club expenses include the following:

Annual dues   $ 5,400
Initiation fees   1,200
Charges for personal meals with his family   3,100
Meal and entertainment charges related to business use   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.


Title: Re: Joe is a self-employed tax attorney who frequently entertains his clients at his country club. ...
Post by: MsLippy on Jan 9, 2017
Content hidden


Title: Re: Joe is a self-employed tax attorney who frequently entertains his clients at his country club. ...
Post by: Augustus1 on Mar 19, 2017
Your explanation helped, amazing amazing!