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Bob owns a business and Roy is his key employee but does not have an...

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Accounting

Bob owns a business and Roy is his key employee but does not have an equity interest in the business. However, Roy is more valuable to the business and actually gets paid more than Bob. Both of them incur expenses for publications, attending seminars, etc. Do they both treat their expenses the same for federal income tax purposes? If they are different, who gets the better treatment?

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