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write-off
(redirected from Tax Write-Offs)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
write-off
Informal something damaged beyond repair, esp a car


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Tax write-offs for college expenses go to the parent who claims the child as a dependent -- even if the other parent is paying the bills.
For decades the political rule on Capitol Hill has been that nobody messes with homeowners' tax benefits -- mortgage interest deductions, capital gains exclusions, property tax write-offs -- even if they cost the government hundreds of billions of dollars in tax revenues a year and increase the federal deficit.
The banks will give much needed capital and generous tax write-offs to Main Street.
 
 
 
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