Business Expenses

外汇网2021-06-19 14:00:29 133

Any expenses incurred in the ordinary course of business. Business expenses are deductible and are always netted against business income.

Although it is not necessary to include receipts for business expenses when you file your tax return, many tax pparers will ask for detailed, itemized copies of your expenses before they will submit the return. Business owners should keep these kinds of records for a minimum of seven to 10 years from the date of filing.

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