Business, 05.03.2020 06:15 martinezlittleman
Crystal operates a business that provides typing and delivery services. This year Crystal spent $2,610 to purchase special shirts that identify her employees and provide some notoriety for her business. The shirts are especially colorful and include logos on the front pocket and back. Besides salary payments, Crystal also compensates her employees by offering to pay whole life insurance premiums for any that want to provide insurance coverage for their beneficiaries. This year Crystal paid $5,550 in life insurance premiums. What amount of these payments can Crystal deduct? Crystal is on the cash method and calendar year.
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Crystal operates a business that provides typing and delivery services. This year Crystal spent $2,6...
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