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  2. I'm a Business Owner. What Expenses Can I Write Off on My Taxes?

    www.aol.com/finance/write-off-expenses-businesss...

    A tax write-off is how businesses account for expenses, losses and liabilities on their taxes. Write-offs are a specialized form of tax deduction. When a business spends money on equipment or ...

  3. Top 10 Work-Related Tax Write-Offs - AOL

    www.aol.com/news/2011-03-15-top-10-work-related...

    Whether employee or business owner, most working adults are eligible to deduct at least some work-related expenses on their tax return. Been making coffee runs in your personal vehicle for the boss?

  4. Write-off - Wikipedia

    en.wikipedia.org/wiki/Write-off

    In income tax calculation, a write-off is the itemized deduction of an item's value from a person's taxable income. Thus, if a person in the United States has a taxable income of $50,000 per year, a $100 telephone for business use would lower the taxable income to $49,900. If that person is in a 25% tax bracket, the tax due would be lowered by ...

  5. How Can I Write Off Expenses on My Business's Taxes? - AOL

    www.aol.com/news/write-off-expenses-businesss...

    A tax write-off is how businesses account for expenses, losses and liabilities on their taxes. Write-offs are a specialized form of tax deduction. When a business spends money on equipment or ...

  6. These Are the Receipts To Keep for Doing Your Taxes - AOL

    www.aol.com/finance/receipts-keep-doing-taxes...

    You’ll also need the purchase receipts if you use depreciation on your business assets as tax write-offs. Personal Income Tax Receipts To Keep. Business owners aren’t the only ones who should ...

  7. What Is a Tax Write-Off? - AOL

    www.aol.com/finance/does-mean-write-something...

    If you earn $60,000 in 2024, you itemize deductions and you take a $4,000 tax deduction for real estate taxes, the write-off doesn’t reimburse you the $4,000. However, it does reduce your ...

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