quot employee business expenses quot please respond to the following

As part of his contract at his new job, Jim is provided a company car

and gas card to go back and forth to work. He uses the car for

out-of-town travel approximately once a month. Jim also uses the car and

the gas card for his family vacations, dinner, etc.
Explain the

applicable tax law regarding employee compensation and the criteria for

deducting expenses. Make at least two recommendations for ways that Jim

can ensure compliance with the tax law.

 
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