The parent mentioned Business Expense. Many people, including non-native speakers, may be unfamiliar with this word. Here is the definition(In beta, be kind):
These are costs you do not have to capitalize or include in the cost of goods sold but can deduct in the current year. To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. [View More]
See also: Cost Of Goods Sold | Capitalize | Deduction | Deductible | Qualify | Legitimate | Current Year
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