- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes, these can be deducted, provided they are an ordinary and "necessary" business expense. As long as the expense is a reasonable one (in other words, not a collectible art purchase that is an investment in disguise as an expense.)
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎June 1, 2019
8:24 AM