In Choosing Between the Actual Expense Method and the Automatic

question 13

True/False

In choosing between the actual expense method and the automatic mileage method, a taxpayer should consider the cost of insurance on the automobile.

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Definitions:

AFL

refers to the American Federation of Labor, a national federation of labor unions in the United States, founded in 1886, focusing on skilled workers.

CIO

Congress of Industrial Organizations, a federation of unions that organized workers in industrial unions in the United States and Canada from 1935 until its merger with the AFL in 1955.

Operation Dixie

A campaign launched by the Congress of Industrial Organizations in the 1940s aimed at unionizing industrial workers across the Southern United States, facing considerable resistance.

CIO

Congress of Industrial Organizations, an federation of unions that organized workers in industrial unions in the United States and Canada from 1935 until 1955.