Which expenses are deductible for a C corporation

date:2026-10-15 16:47:31 author:admin browse: time View comments Add Collection

Which expenses are deductible for a C corporation

Which expenses are deductible for a C corporation?

A. Ordinary and necessary business expenses

B. Reasonable officer salaries

C. Dividends paid to shareholders

D. Fines paid to government for violating law

Answer: A, B

Explanation: Dividends and government fines are non-deductible.