During 2021, Jos, a self-employed technology consultant, made gifts in the following amounts: ...
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Accounting
During 2021, Jos, a self-employed technology consultant, made gifts in the following amounts:
To Haley (Jos's personal assistant) at Christmas
$59
To Darryl (a key client)$3 was for gift wrapping
28
To Darryl's wife (a homemaker) on her birthday
14
To Veronica (Jos's office manager) at Christmas
60
In addition, on professional assistants' day, Jos takes Haley to lunch at a local restaurant at a cost of $90. Presuming that Jos has adequate substantiation, how much can he deduct?
Do not round intermediate computations. If required, round your final answer to the nearest cent.
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