MBA Tax Notes

Provide me please the Tax Subject Notes of Master of Business Administration Course because I have need of this subject notes for do preparation of its exam so I tell you fro do provide me its notes.

[Saksham]

You want to downlaod MBA course Tax Notes so I have notes which I am sharing with you:

The deductibility of tuition expenses for coursework toward a Master of Business Administration (MBA) degree has confounded taxpayers and the courts for decades. Specifically, courts have frequently struggled in their efforts to determine whether MBA-related tuition expenses fall within the Internal Revenue Code’s express allowance —codified in § 162—of deductions for “ordinary and necessary expenses paid or incurred . . . in carrying on any trade or business.”1 A source of particular confusion is Treasury Regulation § 1.162- 5’s disallowance of educational expenses which are “part of a program of study
being pursued by [the taxpayer] which will lead to qualifying him in a new trade or business.”2

For complete notes please download attached pdf file which is free for you.