Ad Slot — 728×90
Taxes 🏛 IRS

Business Expense Deductions

Ordinary and necessary business expenses are deductible including rent, utilities, supplies, advertising, professional fees, and business travel. Personal expenses are not deductible. Mixed-use items must be prorated. Keep receipts for all deductions.

Source Agency
IRS
Last Verified
March 1, 2026
Next Review
May 30, 2026
View Official Source ↗
← Back to Federal Law More Taxes →