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Identify two specific expenses which are disallowed under 26 U.S. Code 162 (IRC 162) due...

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Accounting

Identify two specific expenses which are disallowed under 26 U.S. Code 162 (IRC 162) due to public policy concerns. Think of yourself as a business owner who is operating a firm either domestically or on an international scale. As a business owner, would you agree that the expenses should be disallowed under the code?

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