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You can deduct a casualty or theft loss as a miscellaneous itemized deduction subject to the two% limit if you made use of the broken or stolen home in performing solutions as an employee. The frequent and exclusive organization use should be for the convenience of your employer and not just suitable and useful in your job. Any other worthless debt is a organization poor debt only if there is a quite close connection among the debt and your trade or business enterprise when the debt becomes worthless. Section 179 …Read More