Write off reward for business property — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Write off reward for business property

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in Small Business Tax

Did you lose your laptop or leave your briefcase in a cab? Offer a reward. You can deduct it (and any advertising to promote the reward) as a miscellaneous expense. If your company pays the reward, deduct it as a business cost.

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