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The IRS allows you to deduct all ordinary and necessary business expenses.
The IRS defines expense ordinary and necessary expenses this way:
An expense is ordinary if it is common and accepted in your industry
An expense is necessary if it is helpful and appropriate for your business
The IRS allows you to deduct all ordinary and necessary business expenses.
The IRS defines expense ordinary and necessary expenses this way:
An expense is ordinary if it is common and accepted in your industry
An expense is necessary if it is helpful and appropriate for your business
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