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  2. Taxes 2022: How Small Businesses Can Deduct Home Office Expenses

    www.aol.com/taxes-2022-small-businesses-deduct...

    Multiply this percentage by the sum of your homes total allowable expenses. Using the simplified method, multiply your offices total square footage by $5. The maximum size for this option is ...

  3. Electrical equipment in hazardous areas - Wikipedia

    en.wikipedia.org/wiki/Electrical_equipment_in...

    In electrical and safety engineering, hazardous locations (HazLoc, pronounced haz·lōk) are places where fire or explosion hazards may exist. Sources of such hazards include gases, vapors, dust, fibers, and flyings, which are combustible or flammable. Electrical equipment installed in such locations can provide an ignition source, due to ...

  4. 7 rules for taking a work from home tax deduction - AOL

    www.aol.com/finance/7-things-know-taking-home...

    You’re only allowed to deduct the gross income you earn from self-employment, though. That means if you earned $1,000 from your side hustle plus a $50,000 salary from your regular job that you ...

  5. When You Can and Can’t Write Off Home Office Expenses - AOL

    www.aol.com/finance/t-write-off-home-office...

    The way the deduction is calculated is by taking $5 per square foot of your home office up to 300 square feet, for a $1,500 maximum deduction. To qualify for this deduction, you have to be self ...

  6. HAZMAT Class 3 Flammable liquids - Wikipedia

    en.wikipedia.org/wiki/HAZMAT_Class_3_Flammable...

    Divisions. Class 3: Flammable Liquids. A flammable liquid is a liquid having a flash point of not more than 60 °C (140 °F), or any material in a liquid phase with a flash point at or above 37.8 °C (100 °F) that is intentionally heated and offered for transportation or transported at or above its flash point in a bulk packaging.

  7. S corporation - Wikipedia

    en.wikipedia.org/wiki/S_corporation

    An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.

  8. Overlooked deductions: Home office expenses - AOL

    www.aol.com/news/2010-02-22-overlooked...

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  9. NFPA 704 - Wikipedia

    en.wikipedia.org/wiki/NFPA_704

    NFPA 704 safety squares on containers of ethyl alcohol and acetone. " NFPA 704: Standard System for the Identification of the Hazards of Materials for Emergency Response " is a standard maintained by the U.S. -based National Fire Protection Association. First "tentatively adopted as a guide" in 1960, [1] and revised several times since then, it ...