He said the company had been advised that the 20 percent would qualify as a deductible medical expense under the tax laws.

Finally, rates are a deductible expense for tax purposes from company or partnership profits.

Entertaining customers and clients can be a deductible expense, including the cost of giving a dinner party at home or some other social setting.

When working out the amount to tax the letting agent/tenant can take off deductible expenses.

State taxes are generally treated as a deductible expense for federal tax computation.

For three years, his tax returns showed a net loss of income after deductible expenses.

By accelerating payment of deductible expenses, for example, they may be able to save on taxes.

The objective is to find deductible expenses that may have been overlooked.

Tax losses are created when deductible expenses exceed income from the investment.

You may also pay for a deductible expense with a credit card in 1987, even if the bill is not sent out until 1988.