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(SOLVED) Jan owns the Mews Bar and Grill Every year at

Jan owns the Mews Bar and Grill. Every year at Christmas, he has a party for his 20 employees
and their families. This year’s party cost $1,600. At the party, Jan presented each employee
with a $50 gift certificate redeemable for merchandise at a local department store. How much
can […]

Floyd owns an antique shop. During the year, he and his wife, Amanda, who works as a real
estate broker, attend a 3-day antique show in Boston. The following facts are related to the
trip:Train per person …………. $110Hotel daily rate—double occupancy* …. 115Meals—$37 per day
per person …… 37Incidentals—$14 […]

Marisa is an obstetrician. Every February, she attends a 3-day conference on financial planning
with Ester, her college roommate. Ester is Marisa’s accountant and is a certified financial
planner. This year, the seminar was in San Diego, and each had a separate hotel room. The
costs of attending the conference […]

Olga has to travel to Philadelphia for 2 days on business. She enjoys history and is planning to
visit the Liberty Bell and other historic sites in the city. If time permits, she would like to make a
side trip to nearby Gettysburg. A friend of Olga’s tells her, “The […]

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Mario owns his own business and drives his car 15,000 miles a year for business and 7,500
miles a year for commuting and personal use. He wants to claim the largest tax deduction
possible for business use of his car. His total auto expenses for 2011 are as follows:Gas, oil, […]

Cassandra owns her own business and drives her van 15,000 miles a year for business and
5,000 miles a year for commuting and personal use. She purchases a new van in 2011 and
wants to claim the largest tax deduction possible for business use. Cassandra’s total auto
expenses for 2011 […]

You have just been hired as a tax accountant by a local public accounting firm. One partner is
impressed by your writing skills and asks you to write a one-page memo to a client describing
the general rules on the deductibility of meals and entertainment. The client also needs to […]

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