Your client, Rigoberto Sanchez, and his wife, Roberta, went to a business conference in Honolulu. Rigoberto works as an architect and conducts his business as a sole proprietor. The conference was related to architecture. The couple arrived in Honolulu five days before the conference to deal with the jet lag and to get ready for the two-day conference. The $8,000 total cost of the trip included the following expenses:
First-class airfare ,500
Hotel (seven days) 2,000
Conference fee 2,000
Meals 1,500
All of these expenditures are substantiated with records that are acceptable under IRC §274.
- Rigoberto wants to know if he can deduct any or all of these expenditures on his current-year tax return. List at least three tax research issues related to the deductibility of the expenditures.
- Give at least three keywords you can use to perform online tax research related to the tax issues.
- Perform an online research query in CCH AnswerConnect using only the IRS Publications database regarding the tax issues. Summarize your findings
- http://www.cchanswerconnect.com/ please don’t use any outside sources
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