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,
A noun, pronoun, or group of words serving as the receiving end of an action, such as the ball in âTabitha hit the ball.â A direct object can be a word, phrase, or clause: âSam chose Rusty to play shortstopâ; âI will never understand why he came home.â (Compare indirect object.)