Vella owns and operates an illegal gambling establishment. in connection with this activity, he has the following expenses during the year: rent: $24,000 bribes: $40,000 travel expenses: $4,000 utilities: $18,000 wages: $230,000 payroll taxes: $13,800 property insurance: $1,600 illegal kickbacks: $22,000what are vella's total deductible expenses for tax purposes?
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Vella owns and operates an illegal gambling establishment. in connection with this activity, he has...
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