Investing



Tax Deductions and Expenses

As a corporation, you may be able to deduct certain expenses related to your investment activities. For example, investment management fees, interest on money borrowed for investments, and even some travel and entertainment expenses incurred during the investment process might be deductible, depending on the circumstances. These deductions can reduce the overall taxable income of the corporation, helping you retain more of your investment income.

Leave a Reply

Your email address will not be published. Required fields are marked *