Choose the Correct Statement

question 94

Multiple Choice

Choose the correct statement:

• A)If a taxpayer does a lot of business travel, the taxpayer may deduct the amount paid for an airline club membership.
• B)Membership dues to a golf club are deductible as long as there is a business purpose.
• C)In order to be deductible, dues and subscriptions must be related to the taxpayer's occupation.
• D)If a financial planner becomes certified, then he/she may not deduct the Certified Financial Planner (CFP) dues because it is not necessary to be certified in order to engage in the business of being a financial planner.

---

Definitions:

Synchronous Communication

A type of communication where participants exchange information in real-time, such as through phone calls or video conferencing.

Examples

Specific instances or cases provided to illustrate a point, explain how something works, or support an argument.

Pagers

Small, wireless telecommunications devices that receive and display messages or alerts, widely used before the advent of cellular phones for instant communication.

PDAs

Personal Digital Assistants, handheld devices that combine computing, telephone/fax, Internet, and networking features.