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 Edit Comment/Reply via email Widgets Network Graph Legend Insight This widget generates “insights” about a post - you can read about how it works. Generating Keyboard Shortcuts Key Action o Source e Edit i Insight r Random s or / Search Close www.joshbeckman.org/notes/453218889