CHAPTER 4: Home Business Operating Expenses

Fishman, Stephen
November 2012
Home Business Tax Deductions (9781413317411);2012, p53
The article offers information on some basic rules for deducting business operating expenses in the U.S. It presents several requirements to make an expense qualify as the deductible business operating expense including ordinary and necessary, current and directly related to the business. It lists some of the common types of operating expenses including home office expenses, travel expenses and business taxes.


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