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It Is Better To Receipt, Than To Give (Without One)

Submitted by admin on 2005-10-05 and viewed 378 times.
Total Word Count: 1013

When filing an income tax return the taxpayer needs to support any deductions claimed with valid third party receipts, but it losing one fatal to the deduction? Not necessarily, reviewing the legislation and some caselaw give taxpayer's hope, but no guarantee that they may be able to deduct without a receipt.