Operating Expense Deductions

The Business Meal Deduction Under the Tax Cuts and Jobs Act

IRS clarifies that business meals are still 50% deductible under the new tax law.

Deducting "Ordinary and Necessary" Business Expenses

Understand how to reduce your business taxes by deducting your business expenses.

Deducting Computers Bought for Work

Don't miss out on this important business expense deduction with more options under the Tax Cuts and Jobs Act.

Rules for Deducting Prepaid Business Expenses

Make sure you understand the rules if you want to prepay and deduct business expenses.

Business Expenses That Are Never Deductible

Congress has decided it would be against public policy to allow certain expenses to be deducted under any circumstances.

Deducting Advertising Expenses

Learn exactly what counts as advertising expenses you can deduct.

Office Artwork and Antiques: Can You Deduct These as Business Expenses?

Artwork can't be deducted; antiques can sometimes. Find out why.

Deducting Business-Related Interest Loan Payments

Learn which type of loan interest payments are--and are not--deductible.

Deducting Legal and Accounting Fees

Don't miss out on these valuable business tax deductions.