OCR Text |
Show Tax Officials Watch Vacations A warning that tax paid vacations va-cations are viewed with jaundiced jaun-diced eye by Internal Revenue Service agents came today from Commissioner Dana Latham Lat-ham with approach of the summer sum-mer vacation season. He said Federal revenue agents have been alert for some time to abuses by a small minority of taxpayers who claim tax deductions for purported pur-ported business trips which in fact represent vacations at resort re-sort hotels, hunting trips, attendance at-tendance at sporting events, etc. He said Federal tax agents will also closely check amounts claimed for the cost of club dues, entertainment, and company com-pany - supported automobiles, yachts, airplanes, hunting lodges lod-ges & beach cottages to make certain they qualify as bona-fide bona-fide tax deductions. "We have no desire to tell taxpayers how to spend their money," Commissioner Latham said. |