Editor: Lorin D. Luchs, CPA, J.D., LL.M. Sec. 199 provides that for tax years beginning after December 31, 2004, manufacturers and other producers may be entitled to a tax deduction for income derived ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Gordon Scott has been an active investor and technical analyst or 20+ years. He ...

here is very good news for CPAs whose clients face the often burdensome administrative costs of claiming allowable expense deductions for meals and entertainment (M&E)—the IRS now will permit the use ...