IRS allows deduction to AGI for certain tax-related payments. (adjusted gross income): An article from: The Tax Adviser

by Charles E. Price

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This digital document is an article from The Tax Adviser, published by American Institute of CPA's on October 1, 1992. The length of the article is 795 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: IRS revenue ruling 92-29 permits the deduction of expenses for preparation of schedules C, E and F and resolution of disputes over related tax deficiencies. These expenses are deductible from the adjusted gross income and reverse the position taken in letter ruling 9126014. Fees for tax advice, which should also be deductible, were not addressed by the ruling.

Citation Details
Title: IRS allows deduction to AGI for certain tax-related payments. (adjusted gross income)
Author: Charles E. Price
Publication: The Tax Adviser (Magazine/Journal)
Date: October 1, 1992
Publisher: American Institute of CPA's
Volume: 23 Issue: n10 Page: 654(2)

Distributed by Thomson Gale

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