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MA_775_DIABLO [31]
3 years ago
6

Deductible transportation expenses: a.Do not include daily expenses for transportation between the taxpayer's home and temporary

work locations if the taxpayer has a regular place of business. b.Include only costs incurred while away from home. c.Do not include the normal costs of commuting. d.Include meals and lodging.
Business
1 answer:
ad-work [718]3 years ago
3 0

Answer: c. Do not include the normal costs of commuting

Explanation: deductible expenses do not include the normal costs of commuting. Deductible expenses can be subtracted from a company's income before it is subject to income tax. Therefore they reduce tax liability. Utilities, wages, rent, auto expenses, meals and entertainment, some business expenses such as advertising, employee benefits, insurance etc. are examples of expenses that can be deducted from a company's income.

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Answer:

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3 years ago
The City Council wants to curb emissions by half and decides to auction off four permits, each of which entitles the bearer to e
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4 0
4 years ago
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<span>Crystal corporation makes $2,000 payments every month for leasing office equipment. Crystal recorded a lease payment as an operating lease.

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