1. Money spent on business expenses is deductible.

2. Business expenses had to be amortized over a 60 month period.

3. You can claim back the tax on legitimate business expenses.

4. That person should be liable for the business expenses and entitled to the sale proceeds. 5.

5. Some entertainment expenses are bona fide business expenses under the tax laws-and these are discussed shortly.

6. Fringe benefits can be deducted as business expense.

7. He claimed that the restaurant bill was a legitimate business expense.

8. If adjusted gross income is high enough, large amounts of business expense deductions will be lost under this 2 percent formula.

9. In the case of the rent and electricity we can assume these are legitimate business expenses.

10. Charging an expense on a company credit card does not automatically make it a bona fide business expense.

11. Public Employees Retirement System board members receive $ 100 a day when in session plus business expenses.

12. This can therefore be treated as a withdrawal rather than a business expense.

13. Some companies don't disclose a dollar figure because it is below reporting thresholds; others count security as an ordinary business expense.

14. An expenditure for clothing will qualify as a trade or business expense.

15. When travelling abroad, Smith often puts down the cost of entertainment as business expense.

16. So not all the advertising expense paid by the enterprise should not be included in its profit and loss as business expense.

17. Unlike the treatment of interest on bonds, dividends paid to shareholders are not a tax deductible business expense for the corporation.

18. Human Resource Development expenditure is a unique form of business expense.

19. Also, interest paid on bonds is a tax deductible business expense for the corporation.