An example of the administrative convenience concept is the IRSs announce-ment that the value of...
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Accounting
An example of the administrative convenience concept is the IRSs announce-ment that the value of frequent flyer miles earned for business travel need not be included in the recipients gross income. Based on the IRSs stated rationale in Announcement 2002-18, do you believe that the same rule would apply to miles earned for personal travel? Why or why not?
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