Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
Gladys owns a retail hardware store in Tangipahoa. She is considering opening a business in Hammond, a community located 25 miles away.
Gladys owns a retail hardware store in Tangipahoa. She is considering opening a business in Hammond, a community located 25 miles away. She incurs expenses of $60,000 in 2011 in investigating the feasibility and desirability of doing so. What amount can Gladys deduct in 2011 if the business is:I. another retail hardware store which she opens in December 2011?II. another retail hardware store which she decides against opening?III. a video rental store which she opens in December 2011?IV. video rental store which she decides against opening?
