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Can a Trade or Business Expense Be Deductible If It

question 106

Essay

Can a trade or business expense be deductible if it is necessary but not ordinary?


Definitions:

Presenteeism

The phenomenon where employees attend work while sick, resulting in productivity loss and potential health complications for themselves and others.

Defence Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety or to maintain a sense of self-esteem.

Personnel Manager

An individual responsible for overseeing employee relations, compensation and benefits, recruitment, and maintaining the work environment within an organization.

Finance Department

A division within a company that handles all financial operations, including budgeting, accounting, and investments.

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