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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 25: Employee Expenses and Deferred Compensation
  5. Question
    Generally,50% of the Cost of Business Gifts Is Deductible Up
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Generally,50% of the Cost of Business Gifts Is Deductible Up

Question 148

Question 148

True/False

Generally,50% of the cost of business gifts is deductible up to $25 per donee per year.

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