Light on Tax Returns Rule for Expense Accounts
The Internal Revenue Service issued a ruling on expense accounts for tax purposes. Employees who do not need to account to their employers for business expenses must state that their costs did not exceed ordinary and necessary expenses, or report excess as income. Those who must account to their employer will not report such expenses on their tax return.
MENTIONED IN THIS ARTICLE
Washington
INS
Internal Revenue Service
the Revenue Service
Internal Revenue
Infants Smiles Through Rare Skin Malady in Merced
Nine month old Mike Nunes, born with almost no skin on hands and feet, returns home after long hospital care. He lives in a custom crib with sterile, filtered air and walls that can be removed, as doctors describe a rare developmental skin malformation with unknown substance deficiency. His prognosis remains hopeful with modern treatments, though he requires careful enclosure to prevent infection and premature exercise, while his family faces financial hardship.
MENTIONED IN THIS ARTICLE
Merced
Mike Nunes
Mike
Warren Brown
Campbell
Richard
Kunes
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