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Sunday, Jun 4, 2023

Study: Tax-Reform Proposals Would Put 1.7 Million Jobs at Risk

Advertising is now treated as an ordinary business expense, fully deductible in the year incurred. The Association of National Advertisers says tax proposals in Congress, which would allow businesses to deduct only 50 percent of their advertising expenses in a tax year and amortized the rest over five years, are job killers, Ad Age reports.

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