Meeting the Demands of IRC Section 274(d)
The CPA Journal
The National Taxpayer Advocate (NTA) was established as a liaison between taxpayers and Congress to address issues that taxpayers encounter in complying with tax law. The NTA's annual report to Congress identifies areas where noncom-pliance presents a significant problem and suggests administrative or legislative remedies. To discover problem areas, the NTA identifies issues that generate an inordinate amount of litigation. Trade or business expenses are perennially one of the most litigated issues.
IRC code, accounting
Schloemer, Paul G., "Meeting the Demands of IRC Section 274(d)" (2013). Business Administration Faculty Publications. 106.