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IRS Publication 334, Expenses You Cannot Deduct


   

You usually cannot deduct the following as business expenses. For more information, see Publication 535.

  • Bribes and kickbacks.

  • Charitable contributions.

  • Demolition expenses or losses.

  • Dues to business, social, athletic, luncheon, sporting, airline, and hotel clubs.

  • Lobbying expenses.

  • Penalties and fines you pay to a governmental agency or instrumentality because you broke the law.

  • Political contributions.

  • Repairs that add to the value of your property or significantly increase its life.

 

Information courtesy of the Internal Revenue Service.

 

Back to Business Expenses

 

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