Friday, September 13, 2013

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E.g. 2 million outstanding in 10% subordinated bonds. (get paid in the make personal expenditure on day 8 and business expenditure on day 12 - can allocate debt proceeds trip from bank to work deductible, but if do it every day then probably not. If Er provides car, may be deductible ... Read Here

Federal Income Tax
G. Meals and entertainment. What if you go out to a business lunch?-deduction (The court might also think it excessive that these meals happen every day . . . ). For debt, I can get a deduction for partial worthlessness. ... View Document

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Publication 535 (Rev. 2012) - Internal Revenue Service
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Professor Edward Desmarais
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Outline
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Expansion Via Increased Franchising
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HOW
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Chapter 5
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