Show and 1 amputation of Tax Tai By Dy Elton Joneso Jones o oJ ic ordinary an and necessary ex- ex x- x paid or 01 incurred during the year jeer ear in m carrying on any trade ness including a reasonable hie ce ee for salaries or other cornIn corn com In n for Cor personal services act act- are Ex- Ex to lo Le ke must be both bothi p r and necessary and if it they sual they may be disallowed ough pugh they may be necessary la to required that they relate to Ible ble year for which the return i and not to some pl prior or or ear Some of the items Jet de- de t when expended in connection business are as follows les es and wages paid Rising ising f to current business o or r tonal publications used in busi busi- profession Fees Irs b is to business property ers leys fees i ies es paid as compensation to toes es eh es obile expense to the extent y pertain to business of trade dues to commercial industrial or oral oral ormal mal al organizations and to ions expenses for promo aid laid to secure employment life insurance premiums urns ms paid for insurance cover cover- ige ge Be to business property such hail ail or liability Ins uras of fidelity or indemnity Ong expenses while away Je e m in n of trade a orate or orate ork k Bate ate tuxes e except those asa as- as a local benefit of aing a aing ing to increase the value alue of sty rt assessed such as ns street assessments are deductible al I taxes except income war and excess profits taxes are aree e e. e Estate taxes imposed by I the states including Utah title tiLle by the estate rising sing from fires storms I or 01 by other casualties or ort t 1 if It not compensated for by or otherwise are deductible or not connected with the bt ascertained to be worth worth- worthon on of wasting assets j downs ons or gifts made made within le Ie year vear to or for the use of ot T nt l States or any political n a for eXclusively public b M bl any organization org org- d 1 updated exclusively for charitable scientific liter Rational purpose c posts Rations or war wear veterans ry y unIts of any such posts tible To be Continued V |