Business car expenses
Article Abstract:
A hypothetical question was posed involving business car expenses. A job requires an employee to drive his car for business purposes although he is not reimbursed for his expenses and he has not applied for any depreciation on his car. The question asked the maximum deduction that Dan can avail for the business use of his car in 1995. He spent $3,100 on gasoline and oil, $850 on repairs, $200 on business parking and tolls, $2,200 on depreciation, $795 on insurance, and $100 on license and tags. The total number of miles he has driven is 30,000, although 24,000 of which were for business purposes. In determining the deduction for business use, there are approaches that can be used. They are the actual expenses method and the standard mileage rate method. Based on the second method, the correct answer to the question is $7,400.
Publication Name: Taxation for Accountants
Subject: Business
ISSN: 0040-0165
Year: 1997
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No, but I heard the soundtrack
Article Abstract:
The publicity coordinator tries to sell the marketing director on the marketing ploy. He later reconsiders and decides that the sales gimmick would work best with dead authors so as to cut problems. Dickens 'Great Expectations' could be sold with Sam Cooke's 'Chain Gang.' for example.
Publication Name: The New York Times Magazine
Subject:
ISSN: 0028-7822
Year: 1995
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Bruges in the silent hours
Article Abstract:
The Flemish city of Bruges exudes the delightful charm of a medieval city, especially in the pre-dawn hours of the morning. A travel guide to the North Sea city is presented.
Publication Name: The New York Times Magazine
Subject:
ISSN: 0028-7822
Year: 1997
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