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What Is Usually the Largest Miscellaneous Itemized Deduction Category? Does

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What is usually the largest miscellaneous itemized deduction category? Does it require any special treatment?


Definitions:

Liability Insurance

Insurance that provides protection from claims arising from injuries or damage to other people or property.

HIPAA Compliance Officer

A designated person responsible for ensuring that an organization adheres to HIPAA regulations, protecting patient health information.

Profit Sharing

A company program that gives employees a share in the profits of the company, typically as a portion of their annual salary or as a bonus payment.

Reimbursement

To pay back or compensate for money spent, or losses or damages incurred; payment for provider services (from insurance company).

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