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COMMON BUSINESS DEDUCTION 

Frequent Tax Deductions

Deductions available to business owners vary from business to business. Some deductions may be applicable to one business and not applicable to another.

The rule of thumb is that business expenses must be "ordinary and necessary". In order to deduct an expense, you must actually have incurred the cost.

Nothing that has been reimbursed qualifies as a business deduction.

Please request information about Common Tax Deductions by filling out the following. We'll send it to you by email. 

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