In 2010, sam wilson took several graduate-level courses in business from a local university. sam employer has an educational assistance program. the cost of the tuitio, books and fees which were reimbursed by sam employer totaled $ 8000.
a) how much is sam's employer allowed to excluded from sam's income?
b) how much can the employer deduct?
A corportation of which john stevens is the solw owner employs johns wife as secreatary and treasurer at a salaru of 28,000 per year she performs certain work regulraly, but efficient and bonded help for the same work can easily be obtained for 18,000 per year. how much may the corporation deduct regardin her salary, in arriving at its taxable income??