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Tax Expenses Categories

oboloo Glossary

Tax Expenses Categories

Tax Expenses Categories, or TECs, are a way to categorize and track the costs associated with taxes. This could include anything from legal fees related to tax preparation to employee wages paid on behalf of the business. TECs make it easier for businesses to manage their finances and to file their taxes accurately. By tracking these expenses in one organized system, businesses can ensure that all costs associated with taxes are accounted for properly. Plus, having a clear definition of each category can help businesses ensure that all of their taxes are paid on time!

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