Senate Repeals Tax Record Law
Associated Press
WASHINGTON — The Senate completed congressional action and sent to the White House today a bill repealing a year-old law requiring detailed daily records on the use of tax-deductible cars and home computers.
The repeal, which came on a voice vote, would mean a return to the substantiation requirements under the old law, which required that a person claiming a deduction have adequate records or other corroborating evidence.
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