In an irs publication the department states travel, Ask an Expert

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In an IRS publication, the department states, "Travel, entertainment and gift expenses account for just part of the overstated adjustments, deductions, exemptions, and credits that add up to $30 billion per year in unpaid taxes, according to IRS estimates". Given that such deductions attract tax reviews or audits, what advice will you give to your tax client?

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Accounting Basics, Accounting

Category:- Accounting Basics
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