What Are Deductible Business Expenses?

Authors

Dennis Kauppila, University of Vermont

Files

Description

Farmers (and all business owners) pay income taxes based on profit. So, it is important to claim ALL legitimate business expenses to not overstate profits. On the other hand, it is illegal to deduct expenses that are not legitimate business expenses.

Publisher

Rural Tax Education

Publication Date

9-2012

Keywords

deductible, business, expenses

Disciplines

Education | Higher Education | University Extension

Recommended Citation

Kauppila, Dennis, "What Are Deductible Business Expenses?" (2012). Rural Tax Education. 28.
https://digitalcommons.usu.edu/rural_tax/28