deduct costs

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• deduct — de‧duct [dɪˈdʌkt] verb [transitive] 1. to take away an amount from a total: • Brazil has about 48 million bags of coffee available for sale; from this, deduct about eight million bags for domestic use. 2. ACCOUNTING to take away an amount from an …   Financial and business terms

• deduct — deduct, subtract mean to take away one quantity from another. Deduct usually is used in reference to amounts (as of costs, payments, or credits) while subtract is used in reference to numbers or to figures obtained by a computation or calculation …   New Dictionary of Synonyms

• deduct — 01. Because she has to travel all over the place for her work , she can [deduct] her car as a business expense. 02. If you hand your assignment in late, I will [deduct] 5% for each day it is overdue. 03. The profits are lower than they appear… …   Grammatical examples in English

• deduct — /dɪ dʌkt/ verb to take money away from a total ● to deduct £3 from the price ● to deduct a sum for expenses ● After deducting costs the gross margin is only 23%. ● Expenses are still to be deducted. ♦ tax deducted at source tax which is removed… …   Dictionary of banking and finance

• To deduct *allowances, *discounts, *taxation, or other items from an amount. — NPV The value of an investment derived from comparisons of costs with the present value of anticipated future, incremental *cash flows. The *present value of cash flows is calculated by applying an appropriate *cost of capital rate to each… …   Auditor's dictionary

• Buy to let — The phrase buy to let can refer either to the investment strategy of buying a residential property to be let for profit; or to a particular category of mortgage used to purchase a property for letting. For many years landlords have invested in… …   Wikipedia

• Political positions of Herman Cain — Cain in Washington, DC on October 7, 2011 Herman Cain is a businessman and radio talk show host who is running for the Republican presidential nomination in 2012. As of October 25, 2011, polls showed him as the front runner in the Republican… …   Wikipedia

• Lodging Expenses — Costs for an overnight stay, usually in a hotel, that may be taken as a federal income tax deduction if the Internal Revenue Service s criteria are met. Lodging expenses are usually a business expense that is incurred when someone must travel… …   Investment dictionary

• Value added tax — Taxation An aspect of fiscal policy …   Wikipedia

• Charitable contribution deductions in the United States — Charitable contribution deductions for United States Federal Income Tax purposes are defined in section 170(c) of the Internal Revenue Code as contributions to or for the use of certain nonprofit enterprises. See 26 U.S.C. § 170(c).… …   Wikipedia

• Internet fraud — refers to the use of Internet services to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions, or to transmit the proceeds of fraud to financial institutions or to others connected with the scheme. Internet …   Wikipedia