51. Its lifeline is the Gold Card, expense-account crowd, who can write off those business expenses on their employers, or their taxes. 52. Just about everything I do is a business expense. 53. Keating recorded the trip as a business expense. 54. Many countries, including Germany and France, even allowed their deduction as business expenses. 55. Mississippi sheriffs would receive a special new tax deduction for their business expenses. 56. More frequently, the tactics were akin to illegally claiming a tax deduction by misrepresenting a family vacation as a business expense. 57. Most of their international rivals are not only permitted to bribe foreign officials but can also deduct these pay-offs from their taxes as a business expense. 58. Money spent on benefits is a deductible business expense, though premiums paid on the policies are not. 59. Moreover, the companies write them off their federal taxes as a business expense. 60. Ordinarily, such a cost would have to be recognized as an ordinary business expense in the year in which it was paid. |