Glossary

The Smart HVAC Systems for Business Premises Deduction offers tax incentives for businesses upgrading to energy-efficient heating, ventilation, and air conditioning systems.

Virtual reality headsets can be deductible business expenses if used for professional purposes, offering potential tax savings.

Business-Education Partnerships Costs Deduction allows businesses to deduct expenses incurred while collaborating with educational institutions.

The Expenses for Hybrid Office Solutions Deduction allows businesses to claim tax deductions for costs associated with hybrid work environments, enhancing tax efficiency.

The Enhanced Reality Training Equipment Deduction allows businesses to deduct expenses related to virtual or augmented reality equipment used for employee training.

Learn about Digital Content Distribution Fees Deduction, a tax provision that helps digital creators reduce taxable income by deducting specific distribution-related costs.

The Maintenance of Business-Owned Housing Units Deduction provides tax relief for businesses maintaining housing properties. It encourages upkeep and enhances property value.

The Online Payment Fraud Prevention Tools Deduction allows businesses to deduct expenses related to the implementation of tools and services that protect against fraud in online transactions.

Understand how customized app features for clients can be deducted as business expenses, including compliance necessities and potential penalties for mistakes.

Learn about the deduction for translation equipment used in international meetings. Maximize tax efficiency by understanding compliance and benefits.