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In order for an expense to be deductible as a business expense, the expenses must be both ordinary and necessary. Per the IRS, the definitions of "ordinary" and "necessary" are as follows:
Please see this IRS link for more information on what types of expenses are deductible related to your business: Deducting Business Expenses
In order for an expense to be deductible as a business expense, the expenses must be both ordinary and necessary. Per the IRS, the definitions of "ordinary" and "necessary" are as follows:
Please see this IRS link for more information on what types of expenses are deductible related to your business: Deducting Business Expenses
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