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tax deduction
(redirected from Deductible expense)

    Also found in: Wikipedia 0.07 sec.
Tax deduction
An expense that a taxpayer is allowed to deduct from taxable income.
tax deduction
See deduction.


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Thus, the mismatch of income inclusion versus deductible expense previously enjoyed by taxpayers using SIFL to value personal use may be a thing of the past.
Company planes: the AJCA extends bonus depreciation, but grounds ... by McGuire, Shelly / The Tax Adviser
The court did note, however, that an otherwise deductible expense could be capitalizable if it is part of an overall plan of general improvement).
New cable code's implications for property owners by Rosenberg, Mike / Real Estate Weekly
As a real estate investor, every trash bag I buy is a deductible expense," says Jones.
LAST - MINUTE TAX SAVERS by KORN, DONALD JAY / Black Enterprise
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