Antioxidants and Free radicals. Antioxidants are intimately involved in the prevention of cellular damage -- the common pathway for cancer, aging, and a variety of diseases. The scientific community has begun to unveil some of the mysteries surrounding this topic, and the media has begun whetting our thirst for knowledge.
Step 1-5. IRS regulations require you to include a written statement of the business purpose of an expense unless it is evident form the surrounding facts and circumstances. Documentary evidence, such as receipts, paid bills, or similar evidences sufficient to support an expenditure is required for: Any expenditure for lodging while away from home, and.
The IRS states business expenses are deductible if they are âboth ordinary and necessary.â The IRS notes an expense need not be âindispensableâ to the business, just one that is commonly accepted in your field of endeavor. For a single-member LLC, these are the costs itemized on Schedule C, Profit or Loss from Business. LLCs with at least two members filing as a partnership must file Form 1065, U.S. Return of Partnership Income. The IRS rules coverings business expenses for LLCs are the same as for all businesses. Most of these expenses are deducted at 100 percent, though there are special rules covering entertainment and travel. Related Reading: How to Get a Federal Tax ID & FEIN for a LLC Business.