Key on-the-go expenses, such as fuel, parking fees, lodging, meals, and telephone expenses incurred by employees, can be claimed as transportation expenses. These expenses can be deducted for tax purposes in accordance with appropriate restrictions and guidelines. Travel expenses are the ordinary and necessary expenses of traveling away from home for your business, profession, or work. You can't deduct expenses that are generous or extravagant, or those that are for personal purposes.
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Does insurance cover clean up after fire?
As a landlord, you are responsible for cleaning up debris from your property after a fire. The good news is that coverage for debris removal is included in most homeowners insurance policies.
What does debris removal mean on insurance?
Debris removal insurance is exactly what the name on the can says. It is insurance that covers the costs and expenses of removing debris if an insured property has been destroyed or damaged by an insured loss.
What does debris removal mean?
Related Definitions Debris removal means collecting the debris and taking it to a temporary debris reduction site or to a permanent landfill. Debris removal insurance is a section of a property insurance policy that reimburses cleaning costs associated with property damage.
Are there any local or state regulations that must be followed when removing and hauling debris?
Current statutes require all state agencies and large state facilities to divert at least 50 percent of their solid waste from disposal facilities over and over again. The EPA regulates domestic, industrial, and manufacturing hazardous and solid waste under the Resource Conservation and Recovery Act (RCRA).
