P-l-e-a-s-e- -a-n-s-w-e-r- -t-h-e- -f-o-l-l-o-w-i-n-g- -b-a-s-e- -i-n- -P-h-i-l-i-p-p-i-n-e- -i-n-c-o-m-e- -T-a-x-a-t-i-o-n: (a-s- -m-u-c-h- -a-s- -p-o-s-s-i-b-l-e- -p-l-e-a-s-e- -s-t-a-t-e- -a- -p-r-o-v-i-s-i-o-n) D-e-f-i-n-e- -"-i-t-e-m-i-z-e-d- -d-e-d-u-c-t-i-o-n-s-.-" E-n-u-m-e-r-a-t-e- -t-h-e- -i-n-c-o-m-e-s- -t-h-a-t- -a-r-e- -g-r-a-n-t-e-d- -w-i-t-h- -a-l-l-o-w-a-b-l-e- -i-t-e-m-i-z-e-d- -d-e-d-u-c-t-i-o-n-s-. W-h-a-t- -i-s- -a- -"-g-e-n-e-r-a-l- -b-u-s-i-n-e-s-s- -e-x-p-e-n-s-e-s-"-?
P-l-e-a-s-e- -a-n-s-w-e-r- -t-h-e- -f-o-l-l-o-w-i-n-g- -b-a-s-e- -i-n- -P-h-i-l-i-p-p-i-n-e- -i-n-c-o-m-e- -T-a-x-a-t-i-o-n: (a-s- -m-u-c-h- -a-s- -p-o-s-s-i-b-l-e- -p-l-e-a-s-e- -s-t-a-t-e- -a- -p-r-o-v-i-s-i-o-n) D-e-f-i-n-e- -"-i-t-e-m-i-z-e-d- -d-e-d-u-c-t-i-o-n-s-.-" E-n-u-m-e-r-a-t-e- -t-h-e- -i-n-c-o-m-e-s- -t-h-a-t- -a-r-e- -g-r-a-n-t-e-d- -w-i-t-h- -a-l-l-o-w-a-b-l-e- -i-t-e-m-i-z-e-d- -d-e-d-u-c-t-i-o-n-s-. W-h-a-t- -i-s- -a- -"-g-e-n-e-r-a-l- -b-u-s-i-n-e-s-s- -e-x-p-e-n-s-e-s-"-?
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P-l-e-a-s-e- -a-n-s-w-e-r- -t-h-e- -f-o-l-l-o-w-i-n-g- -b-a-s-e- -i-n- -P-h-i-l-i-p-p-i-n-e- -i-n-c-o-m-e- -T-a-x-a-t-i-o-n: (a-s- -m-u-c-h- -a-s- -p-o-s-s-i-b-l-e- -p-l-e-a-s-e- -s-t-a-t-e- -a- -p-r-o-v-i-s-i-o-n)
D-e-f-i-n-e- -"-i-t-e-m-i-z-e-d- -d-e-d-u-c-t-i-o-n-s-.-"
E-n-u-m-e-r-a-t-e- -t-h-e- -i-n-c-o-m-e-s- -t-h-a-t- -a-r-e- -g-r-a-n-t-e-d- -w-i-t-h- -a-l-l-o-w-a-b-l-e- -i-t-e-m-i-z-e-d- -d-e-d-u-c-t-i-o-n-s-.
W-h-a-t- -i-s- -a- -"-g-e-n-e-r-a-l- -b-u-s-i-n-e-s-s- -e-x-p-e-n-s-e-s-"-?
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