Four of the worst foods you can feed your canine buddy are chocolate, grapes, onions, and certain nuts. 1  Chocolate contains caffeine and theobromine, both of which can make any canine very ill. 2  It can be fun to watch a dog chase a grape around the floor, but donât let it eat one.
Individuals can deduct overdraft fees on business tax returns. Businesses are allowed to deduct almost all expenses associated with doing business, and bank fees fit that category. Sole proprietors can deduct overdraft charges on their tax return, as long as the bank account is solely used for business purposes.
Ordinary and Necessary Business Expenses. You can deduce why late fees on corporate taxes are not deductible from the IRS definition of ordinary and necessary business expenses. Business expenses are deductible when they are ordinary and necessary. The IRS defines ordinary expenses as common and accepted in your trade or business.. Necessary expenses are helpful and appropriate for your trade or business.. Both conditions must apply to qualify as an allowable business deduction.