Retail Advertising: IRS Affirms Potential Application of Sec. 199

Retailers may be eligible to claim a Sec. 199 deduction for advertising revenue derived from producing and distributing printed fliers in cooperation with vendors. This item reviews recent IRS guidance and considers what it might mean for taxpayers that are engaged in cooperative advertising

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/BrV2_3DSHrA/clinic-story-02.aspx

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