Examlex
What is the net working capital turnover rate for 2015?
Deduction
An expense that can be subtracted from gross income to reduce the amount of income subject to income tax.
Taxpayer's Principal Residence
The primary dwelling a taxpayer lives in for a major portion of the year, which can qualify for certain tax benefits like the mortgage interest deduction.
Standard Business Mileage
The set rate per mile the IRS allows for deduction when an individual uses their personal vehicle for business purposes.
Automobiles
Self-propelled vehicles designed for transport on public roads, commonly referred to as cars.
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