Discuss her eligibility whether she can deduct both membership fees from her assessable income!
Discuss her eligibility whether she can deduct both membership fees from her assessable income!
Chapter6: Business Expenses
Section: Chapter Questions
Problem 36P
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Ginny is an accountant by trade, she paid $1,000 each year to join as CPA member. She also has a knack for programming; hence she also joins the Computer Associates membership for $500 per year as she planned to find a new career as a programmer. Discuss her eligibility whether she can deduct both membership fees from her assessable income!
please put 3 references
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