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According to Accounting Today, the year 2021 saw some pretty outrageous business deductions.

Questions:

  1. Which deduction were you the most surprised about?
  2. Pick one of the deductions mentioned and write a paragraph to justify its legitimacy.
  3. What is the problem with a long-distance call to a client for $0.14?

Source:

Cohn, M. (2021) The craziest expenses of 2021. Accounting Today, Dec. 28 (Retrievable online at https://www.accountingtoday.com/list/craziest-expenses-of-2021?)

Emburse. (2021). For Full Report (See https://www.emburse.com/learn/).