Owner of the medical office, S-corporation, pays his malpractice insurance from the corporation. Is it business expense, or he should deduct it on his personal taxes as medical expense?
Please advise.
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Owner of the medical office, S-corporation, pays his malpractice insurance from the corporation. Is it business expense, or he should deduct it on his personal taxes as medical expense?
Please advise.
Malpractice insurance is a business expense.
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