You generally can deduct premiums you pay for the following kinds of insurance related to your trade or business. Insurance that covers fire, storm, theft, accident, or similar losses. Credit insurance that covers losses from business bad debts.
Define indirect object: the definition of indirect object is an object indirectly affected by the action of the verb. Below are a few key features of indirect objects. An indirect object,
âº the person or thing that receives the effect of the action of a verb with two objects: In the sentence Give Val some money, Val is the indirect object. See also. object.