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In order for an expenditure to be currently deductible as a business expense, the expenditure must be - (Topic 5) ordinary necessary (appropriate and helpful)

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In order for an expenditure to be currently deductible as a business expense, the expenditure must be - (Topic 5) ordinary necessary (appropriate and helpful) not among the small number of categories (for example, contrary to public policy, expenses related to tax exempt income, political contributions) that are disallowed reasonable in amount for the value of goods and services received all of the above

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