Definition of Business deduction

1. Noun. Tax write-off for expenses of doing business.

Specialized synonyms: Entertainment Deduction
Generic synonyms: Deduction, Tax Deduction, Tax Write-off

Lexicographical Neighbors of Business Deduction

business before pleasure
business card
business cards
business casual
business college
business community
business concern
business continuity planning
business cycle
business data processing
business day
business days
business deal
business deals
business deduction (current term)
business department
business district
business economics
business editor
business end
business enterprise
business establishment
business ethics
business executive
business expense
business firm
business hours
business index

Literary usage of Business deduction

Below you will find example usage of this term as found in modern and/or classical literature:

1. General Explanation of Tax Legislation Enacted in 1998: Report of the Joint edited by William Roth, Bill Archer (2000)
"Explanation of Provision Under the provision, if an executor elects to utilize the qualified family-owned business deduction, the estate tax liability is ..."

2. Federal Income Tax, War-profits and Excess-profits Taxes: Including Stamp by George Edwin Holmes (1920)
"Where a corporation dealt in the property serving as collateral for the indebtedness as a matter of its ordinary business, deduction might be made in full, ..."

3. Selling Used Books Online: The Complete Guide to Bookselling at Amazon's by Stephen Windwalker (2002)
"And also keep in mind the 1RS requirement that, to qualify for a home business deduction, an area of your home must have been used exclusively for business ..."

4. Mark Twain: The Personal and Literary Life of Samuel Langhorne Clemens by Albert Bigelow Paine (1912)
"Perhaps that would be also a proper business deduction; only, as a rule, business morals are regulated by the contract, and the contract is regulated by the ..."

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