ICPS NEWS LETTER

Life After Reg. 93 New York Adopts IRS Standards For ]Meeting Deductibility What's good enough for the Internal Revenue Service is good enough for New York State, or so it seems from the content of a late December internal memorandum by the New York State Insurance Department's (NYID) now-departed Superintendent Edward Muhl regarding the treat- ment of agent conference expenses now that Regulation 93 has been repealed.

Regulation 93, instituted in 1981 to clarify and expand sections o

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