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Dennis Higgs's Articles in Small Business

  • Have You Claimed All Your Small Business Tax Deductions?
    If you are running a small business, then you need to know all the heads under which you can claim business tax deductions. These could go a long way in drastically reducing the total amount of tax you pay at yearend. According to the Code 162 of the Internal Revenue Service, all ordinary and necessary expenses that are paid or incurred for carrying out any trade or business are claimable as deductions during the taxable year.

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