deduct

So dispensaries can’t deduct typical business expenses from their taxable income.

And there’s more reason to itemize: Republicans increased the cap on deducting state and local taxes, or SALT, to $40,000 from $10,000, for people making $500,000 or less.

He is deducting fees from mom’s estate funds.

The company says it doesn’t charge interest on the cash it extends to people between paychecks but deducts what it calls “voluntary tips” upon repayment, the records show.

It means the UK government is able to deduct funds from the block grant that it estimates it would have received if tax-raising powers were not devolved.