Business
Business, 17.02.2020 23:59, ghernadez

Marty is a sales consultant. Marty incurs the following expenses related to the entertainment of his clients in the current year: Dues to a country club $4,500 (The country club was used for business 25 days of the total 75 days that it was used.) Business meals at the country club not associated with golf or tennis 1,200 Dues to a tennis club 1,000 (The club was used 75 percent for directly related business.) Tennis fees (personal use) 260 Business meals at various restaurants 1,844 a. Indicate whether the following are "Deductible" (partially or fully) or "Not deductible". • Dues to a country club Not deductible • Business meals at the country club Deductible • Dues to a tennis club Not deductible • Tennis fees (personal use) Not deductible • Business meals at various restaurants Deductible b. How much is Marty's deduction for meals and entertainment expenses for the current year?

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 14:50, oneicyahdaley10
Baker industries’s net income is $24,000, its interest expense is $5,000, and its tax rate is 40%. its notes payable equals $27,000, long-term debt equals $75,000, and common equity equals $250,000. the firm finances with only debt and common equity, so it has no preferred stock. what are the firm’s roe and roic?
Answers: 2
image
Business, 21.06.2019 23:00, stevend0599
What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000
Answers: 2
image
Business, 22.06.2019 11:00, saurav76
When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. creating a unified promotional message, where potential customers perceive the same message, whether it is in a tv commercial, or on a billboard, or in a blog, is called
Answers: 2
image
Business, 22.06.2019 19:00, chloesmolinski0909
Why is accountability important in managing safety
Answers: 2
Do you know the correct answer?
Marty is a sales consultant. Marty incurs the following expenses related to the entertainment of his...

Questions in other subjects:

Konu
Mathematics, 07.05.2020 13:00
Konu
Spanish, 07.05.2020 13:00