Business, 03.08.2019 02:20 Angieleelee

Manny hired his brother’s firm to provide accounting services to his business. during the current year, manny paid his brother’s firm $99,000 for services even though other firms were willing to provide the same services for $74,000. how much of this expenditure, if any, is deductible as an ordinary and necessary business expenditure?

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Manny hired his brother’s firm to provide accounting services to his business. during the current ye...