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Your question is overly broad and lacks understading of business and tax accounting. Generally, all costs of making income are expenses in determining both book and taxable income. While some book expenses may not be deductable for tax, the differences are more when they are realized/recognized than what they are.
What else can I help you with?
Is rent expense deductible with the IRS?
No. Personal expenses are not deductible on your 1040 income tax return.
Are federal tax payments deductible expenses for a corporation?
No
Depreciation a source of cash inflow because?
it is a tax- deductible noncash expense
Is a debenture tax deductible?
Yes, interest payments on a debenture are generally tax-deductible for the issuing company, as they are considered a business expense. However, the principal amount of the debenture is not tax-deductible. It's important to consult tax regulations in your jurisdiction, as rules can vary.
Im a hairdresser commission paid by my employer but they take a product charge off my earnings to cover the costs of hair color is this a tax deductible business expense for me?
Yes, hair color can be counted as a tax deductible business expense.
Is rent expense deductible with the IRS?
No. Personal expenses are not deductible on your 1040 income tax return.
Are federal tax payments deductible expenses for a corporation?
No
Why is the after-tax cost of debt rather than the before-tax cost used to calculate the weighted average cost of capital?
Because interest expense is deductible. Because interest expense is deductible.
Are ADR fees tax deductible?
Yes, fees paid for Alternative Dispute Resolution (ADR) services are generally tax deductible as a business expense.
Is daycare deductible as a tax expense?
Daycare expenses are generally not deductible as a tax expense, but there are some exceptions for certain situations, such as if the daycare is necessary for you to work or attend school. It's best to consult with a tax professional for specific advice on your situation.
Is the related party interest expense deductible?
Yes, related party interest expense may be deductible if it meets certain criteria set by tax laws and regulations.
Are new gutters tax deductible?
In general, the cost of new gutters is not tax deductible as a personal expense. However, if the gutters are installed for medical reasons or to improve accessibility for a disabled individual, they may be considered a medical expense and could potentially be tax deductible. It's best to consult with a tax professional for specific advice on your situation.
Depreciation a source of cash inflow because?
it is a tax- deductible noncash expense
Are Cobra payments tax deductible for self-employed individuals?
Yes, Cobra payments are generally tax deductible for self-employed individuals as a medical expense.
Are business credit card annual fees tax deductible?
Yes, business credit card annual fees are generally tax deductible as a business expense.
Is museum membership tax deductible?
Yes, museum membership fees are generally not tax deductible as they are considered to be a personal expense rather than a charitable donation.
Im a hairdresser commission paid by my employer but they take a product charge off my earnings to cover the costs of hair color is this a tax deductible business expense for me?
Yes, hair color can be counted as a tax deductible business expense.
