Sentences with phrase «deduct research costs»

Professors can deduct research costs only if their research isn't bringing in any income beyond their salary.

Not exact matches

Expenses such as the cost of providing a pension plan, purchased research and development, and employee stock option grants - all obvious ongoing business expenses - are deducted when calculating profits.

I have done several days of additional research on this and found out that it appears I can deduct the cost of the books against a single year's royalty income by claiming a Section 179 deduction.

Similarly, the Research and Experimentation Tax Credit allows small businesses engaged in certain types of research and development to deduct those costs from their grossResearch and Experimentation Tax Credit allows small businesses engaged in certain types of research and development to deduct those costs from their grossresearch and development to deduct those costs from their gross income.

If you're educational expenses pass, the following expenses can be deducted: tuition, books, supplies, class fees, the cost of research, and some travel and transportation expenses.

Or that you can deduct $.56 per mile for any business related driving, including showings, listing meetings, training, market research, etc regardless of the actual cost of gas.