I’ve itemized a bunch of times and you were pretty limited in what you could deduct. If you have a mortgage you can deduct the interest but not the payments. And before 2020 you deduct a portion of your household expenses if you had a home office.
But to a business those are all operating expenses and businesses only pay tax on profits.
I’ve itemized a bunch of times and you were pretty limited in what you could deduct. If you have a mortgage you can deduct the interest but not the payments. And before 2020 you deduct a portion of your household expenses if you had a home office.
But to a business those are all operating expenses and businesses only pay tax on profits.
That’s such garbage. Corporate lobbying should have never been made legal.