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business deductions

Business Owners: Failure to Substantiate Donations Can Be Costly

Charitable donations can provide businesses with significant tax savings. But for gifts over a...

Updated Guidance on Business Vehicle Depreciation

The rules for deducting depreciation expenses on vehicles used for business purposes have been...

Deductions for Temporary Out-of-Town Work Assignments

The general rule for out-of-town business travel expenses is that you can deduct them as long as...