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71Job-seeking expense tax deductions — Generally, expenses related to the carrying on of a business or trade are deductible from a U.S. taxpayer s adjusted gross income. [Internal Revenue Code § 162(a)] For many taxpayers, this means that expenses related to seeking new employment,… …
72Miller v. Commissioner — Miller v. Commissioner, 733 F.2d 399 (6th Cir. 1984) was a case in which the United States Court of Appeals for the Sixth Circuit held that taxpayers are allowed to claim deductions for economic detriments which are a loss and not compensated for …
73Zaninovich v. Commissioner — Zaninovich v. Commissioner, 616 F.2d 429, 9th Cir. 1980, is a United States court case about the deductibility of advance payments for tax purposes.Issue presentedWhether a rental payment by a cash basis taxpayer for a lease year that extended… …
74Commissioner v. Flowers — Supreme Court of the United States Argued December 11–12, 1945 Decided Janua …
75Public Policy Limitation on Deduction for Business Expenses — Brief Introduction: Deduction for Business Expenses Section 162(a) of the Internal Revenue Code allows for taxpayers to deduct ordinary and necessary expenses paid or incurred in carrying on a trade or business from their gross income. [26 U.S.C …
76O'Donnabhain v. Commissioner — 134 T.C. No. 4 was a case recently before the United States Tax Court. The issue for the court is whether a taxpayer who has been diagnosed with gender identity disorder can deduct sex reassignment surgery costs as necessary medical expenses… …
77Dividends received deduction — The dividends received deduction[1] (or DRD ), under U.S. federal income tax law, is a tax deduction received by a corporation on the dividends paid to it by other corporations in which it has an ownership stake. Contents 1 History 2 Impact …
78Pay-as-you-earn tax — For other uses see Paye (disambiguation) Pay as you earn or PAYE refers to a system of withholding of income tax from payments to employees. Amounts withheld are treated as advance payments of income tax due. They are refundable to the extent… …
79Dividends Received Deduction - DRD — A tax deduction received by a corporation on the dividends paid to it by companies in which it has an ownership stake. The purpose of this deduction is to soften the consequences of triple taxation. Triple taxation occurs because the company… …
80Home Office Expense — Expenses incurred from the operation of a business or the performance of employment related activities within your residence. To be able to deduct home office expenses, an individual must spend at least half his or her time working at home.… …
