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However, at the same time, for many companies they are still worthwhile expenses (even if not tax deductible) if only for sales reasons.
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>>>I know, I know, I know. You pull up to the gate at the executive terminal, you meet your client, invite him for a spin in the Lear, let him hump your 26-year old "secretary" in the rear cabin, and close the deal before lunch. Even if not totally deductable, it leaves you time for 18-holes in the afternoon.