Definitions
There is 1 meaning of the phrase
Business Deduction.
Business Deduction - as a noun
Tax write-off for expenses of doing business
Hypernyms (Closely Related)
deductiontax deductiontax write-offHyponyms (Broadly Related)
Example Sentences
"The business deduction allowed him to reduce his taxable income by $10,000."
"She carefully tracked all her business expenses to maximize her business deductions."
"Small business owners often take advantage of various business deductions to minimize their tax liability."
"The new tax law expanded the list of allowable business deductions for freelancers."
"Claiming a home office as a business deduction requires meeting certain criteria."
