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Ok its the time of year that I become scum of the earth!!!!!!!!!!!!!
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jakescia
Posted 1/22/2013 08:42 (#2840453 - in reply to #2839941)
Subject: What were the reasons the IRS gave for disallowing an expense otherwise documented?



Oskaloosa, Iowa 52577

What were the reasons the IRS gave for disallowing an expense otherwise documented?

That is information in which I would be highly interested........since I have yet to run across anything in the Code that says that even if an expense is otherwise proven legitimate for a business, and appropriately documented........that the failure to issue a 1099 related to that expense would kill the deduction.........

I need to learn about that type of situation.

I would bet that the situation ended up in Tax Court-----sounds like a lot of money involved-------- so a cite to that case would be appreciated.



Edited by jakescia 1/22/2013 08:43
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