You might need a snack of some sort to get you through the
Internal Revenue Code, Treasury Regulations, Revenue Rulings, and the
like. So did Aimee Cvancara, who needed
a Snickers to get through work one evening.
Cvancara listed the 89 cent Snickers bar as a business deduction, but the tax
court disagreed, calling it a personal expense. A short, but thrilling documentary,
dissects Cvancara’s audit and tax court experience, all in under 5 minutes – an
excellent study break (without the non-deductible expense of a Snickers).
If you are inspired
to learn more about business deductions – or need to because you are completing
your taxes today – the IRS offers a helpful publication as well as a
Q and A page. Moritz students also
have access to several tax
specific databases, in addition to our major legal research databases.