Josh's Site (www.joshbeckman.org) 🍁 / home / notes / the-irs-says-to-be-deductible-a-business-expense-must-b The IRS says: “To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your industry. A necessary expense is one that is helpful and appropriate for your trade or business.” Josh Beckman Reference 32.07 Taxes Memberships 2023, January 10 Reflect on this post Edit Legend Comments www.joshbeckman.org/notes/453218889