Deduction

An expense that is allowed by the IRS to be used to reduce an individual’s taxable income. For example, capital losses can be used to offset income.

Every Landlord's Tax Deduction Guide

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Deduct It! Lower Your Small Business Taxes

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Home Business Tax Deductions: Keep What You Earn

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Taxes 2008 For Dummies

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Depreciation

Itemized deduction

Standard deduction

Taxes

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