David Andrews
Serial
Entrepreneur.
Deduct
this from your taxes
Deduct this from your taxes!
The Federal IRS regulation 1.162-5 allows a taxpayer to deduct the cost of education that is an "ordinary and necessary expense in carrying on a trade or business". The education must maintain or improve the skills required in the your current trade or business and that’s exactly what this does. If you own and operate a business you can therefore deduct the cost of the manual on your income tax return as continuing education expense.
Deduct this from your taxes!
The Federal IRS regulation 1.162-5 allows a taxpayer to deduct the cost of education that is an "ordinary and necessary expense in carrying on a trade or business". The education must maintain or improve the skills required in the your current trade or business and that’s exactly what this does. If you own and operate a business you can therefore deduct the cost of the manual on your income tax return as continuing education expense.