What does business deduction mean?
Definitions for business deduction
busi·ness de·duc·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word business deduction.
Princeton's WordNet
business deductionnoun
tax write-off for expenses of doing business
ChatGPT
business deduction
A business deduction refers to an expense incurred in the course of running a business that can be subtracted from the business's taxable income, therefore reducing the amount of tax owed. These may include costs associated with office operation, employees' salaries, marketing, travel, and any other costs necessary for conducting business operations.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of business deduction in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of business deduction in Pythagorean Numerology is: 5
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"business deduction." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/business+deduction>.
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