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Tax Research Issue

A 3 page paper assessing a scenario in which a businessman paid some of the debts of a separate failed business in which he was a shareholder but not a principal. The man wants to deduct the payments to reduce his own company's revenues. The paper uses Section 162 of the Internal Revenue Code and the cases of Welch v. Helvering (1933) and Kersting v. Commissioner of Internal Revenue (1999) to demonstrate why the payments are not deductible. Bibliography lists 3 sources.

Pages: 3

Step 1: Paper Details and Billing Info

Paper Information

  • Title: "Tax Research Issue"
  • Filename: CC6_KSacctTaxRes.rtf
  • Pages: 3
  • Cost Per Page: $1.95
  • Subtotal: $5.85

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