What are some common C-corp tax deductions?

Answer by  Chaneygirl (1755)

C-corp tax deductions are going to be almost anything incurred in running the business. Cost of goods sold, advertising, wages, bank fees, office supplies, depreciation of larger equipment, vehicle expenses, rent, employee expenses like employer taxes, pension & health insurance, repairs & maintenance, insurance, interest, 1/2 of meals & entertainment, permits/licenses/fees, supplies, real estate/personal property taxes

Answer by  worker6692 (107)

Travel, cars, planes, employee education, meals, costs of goods or any othe expenses associated business operations can qualify for deductions