Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
business deduction | Yes | No | No | No |
tax deduction | Yes | No | No | No |
business deduction (noun) | tax deduction (noun) |
---|---|
tax write-off for expenses of doing business | a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket |