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An expense is deductible only if Congress (in the case of federal taxes) has passed a law saying it is deductible. Otherwise it is not deductible.
Now, Congress cannot anticipate everything. It passed laws saying that "ordinary and necessary" expenses in generating taxable income are deductible. Is a two week trip to a luxury resort in Hawaii ordinary and necessary? So the IRS writes some regulations to explain in greater detail what might or might not be ordinary or necessary. Did the IRS exceed its authority or make unreasonable regulations? That's what the courts are there to decide.
What else can I help you with?
What are the Major causes of expense in a restaurant?
who in fist tamilnadu man
What causes did Amelia Earhart promote?
Amelia promoted the causes of women in general and individualism in particular.
How do you get your manager fired?
One of the easiest and most common causes for dismissal of a manager is the misuse of funds, and in particular how travel expenses are handled. While there is typically no ill intent, a high number of travel expense reports contain mistakes. It is these mistakes that can be used by the company - if they want to - to fire the manager.
Does depreciation expense result in tax savings?
Yes depreciation expenses causes a reduction in taxes because depreciation is considered as expense which reduces the net profit and due to reduction of net profit tax amount also reduces.
What is brahmachari dosham from Hindu astrology?
brahmachari dosham causes if any of the ancestors of the particular family causes an unatural death
What were the causes of jihad in west Africa?
There long term causes and short term causes. ex. political problems. ethinic differences particular hausa and fulan
What causes high alcohol levels in wine?
It is to do with the fermentation process, the concentration of alcohol is differed and hightened based on the amount of water in the wine, and expense.
When selection causes the frequency of a particular trair to move in one direction?
Directional Selection
What causes the wind to move in a particular direction?
The magnitisam in the north and south pole ada
What causes variations in time in different parts of the world?
The location of a particular city or country has a lot to do with it.
What did Alexander die of?
This has not been proven but most think he died of natural causes; fever in particular.
What is weathering by acid rain?
Acidic rain causes chemical weathering to occur. Dissolution in particular.
