![]() Non-deductible business expenses are incurred from non-business-related activities that your employees and yourself pay for. Must be supported by proper and complete source documents: Keep at least 5 years to substantiate claims.Must be depreciation of capital/fixed assets, and not its purchase.Must not be personal or private in nature.Must be related to your business: Must show why expense has to be incurred to earn the income. ![]()
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