Examlex
Client reports can provide one source of ______ information about the success of treatment.
Fines Paid
Monetary charges imposed as a penalty for breaking laws or regulations, generally not deductible for tax purposes.
Deductible
An expense that can be subtracted from gross income to reduce the amount of income subject to tax.
More-Than-50% Business-Use Test
A criterion used for determining whether an asset is used primarily for business, requiring that over 50% of its use is for business to qualify for certain tax deductions.
Listed Property
Assets specified by the IRS that are subject to specific record-keeping and substantiation requirements, such as vehicles and computers used for business.
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