business expense (Meaning)
Wordnet
business expense (n)
ordinary and necessary expenses incurred in a taxpayer's business or trade
Synonyms & Antonyms of business expense
No Synonyms and anytonyms found
business expense Sentence Examples
- Keeping track of business expenses is crucial for maintaining accurate financial records.
- The company reimburses employees for valid business expenses incurred during travel.
- Deducting legitimate business expenses can help reduce taxable income for small businesses.
- Tracking business expenses efficiently requires the use of accounting software or spreadsheets.
- The finance department reviews and approves business expenses submitted by employees.
- Business owners should retain receipts and documentation for all deductible business expenses.
- Business expenses such as rent, utilities, and office supplies are considered operating costs.
- Planning ahead can help anticipate and budget for unexpected business expenses.
- Cutting unnecessary business expenses can improve cash flow and profitability.
- It's essential to distinguish between personal and business expenses to maintain financial integrity.
FAQs About the word business expense
ordinary and necessary expenses incurred in a taxpayer's business or trade
No synonyms found.
No antonyms found.
Keeping track of business expenses is crucial for maintaining accurate financial records.
The company reimburses employees for valid business expenses incurred during travel.
Deducting legitimate business expenses can help reduce taxable income for small businesses.
Tracking business expenses efficiently requires the use of accounting software or spreadsheets.
