John Is a Self-Employed Computer Consultant Who Lives and Works

question 96

Multiple Choice

John is a self-employed computer consultant who lives and works in Dallas. John paid for the following activities in conjunction with his business. Which is not deductible in any amount? 1. Dinner with a potential client where the client's business was discussed.
2) A trip to Houston to negotiate a contract.
3) A seminar in Houston on new developments in the software industry.
4) A trip to New York to visit a school chum who is also interested in computers.

• A) 1 only.
• B) 2 only.
• C) 3 only.
• D) 4 only.
• E) None of these.

---

Definitions:

Timely

Occurring at a suitable or opportune moment, often implying punctuality or appropriateness in timing.

SMART Goal

A framework for setting goals that are Specific, Measurable, Achievable, Relevant, and Time-bound, enhancing the likelihood of success.

Pleasure Reading

Reading material selected for enjoyment and entertainment, rather than for educational or informational purposes.

Short-Term Goal

An objective set to be achieved in the near future, often serving as a step towards a long-term goal.