Which of the Following Is a Currently Deductible Trade or Business

question 106

Multiple Choice

Which of the following is a currently deductible trade or business expense.

• A)$ 5,000 trustee fees paid to a bank to manage tax-exempt securities.
• B)$ 12,000 fee paid to a marketing firm for a market analysis for a new business.
• C)$15,000 fee paid to a TV station to advertise a new product.
• D)$20,000 to an attorney to defend title to a new patent.
• E)All of the above are currently deductible expenses.

---

Definitions:

Goals

Intended outcomes or targets that a person or organization strives to achieve.

Health Care Instructions

Detailed guidelines and protocols designed to be followed in the delivery of health care.

Excellent Literacy

Superior ability in reading and writing, encompassing both the understanding of texts and the ability to communicate effectively through written language.

Life Expectancy

The average number of years an individual or population is expected to live, based on statistical analyses.