Question B$-43$

Mason started his own business in March of $2024$; he shows you the following expenses incurred during the year. Which of the following expenses are deductible business expenses for Mason?

a$)$ Wife's car expenses not related to the business.

b$)$ Fines and penalties for breaking the law.

c$)$ Depreciation of all assets placed on business.

d$)$ Meals for employees unless they are for business travel or employee events.