Many everyday expenses can become deductions but only if they meet the IRS definition of “ordinary and necessary” for your business. Your car, meals, travel, phone, and home office can all qualify… if you structure and document them correctly. This is why strategy matters more than guessing. Knowing the rules helps you save thousands legally, ethically, and confidently. Stop assuming and start learning. 👉 Follow for practical, easy-to-understand tax rules every business owner should know. #Writ
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Many everyday expenses can become deductions but only if they meet the IRS definition of “ordinary and necessary” for your business. Your car, meals, travel, phone, and home
Keystone Tax Advisory(@keystonetaxadvisory). original sound - Keystone Tax Advisory. Many everyday expenses can become deductions but only if they meet the IRS definition of “ordinary and necessary” for your business. Your car, meals, travel, phone, and home office can all qualify… if you structure and document them correctly. This is why ...
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