Write-Off

Definition

A tax deduction that allows businesses to subtract expenses from their taxable income, famously misunderstood by everyone thanks to that one Seinfeld episode. Half the population thinks a write-off means something is free, which keeps accountants employed correcting people at parties.

Example Usage

"My boss writes everything off. Lunches, car washes, his dog's birthday party. Our accountant has developed a permanent twitch."

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omgwtf

on my God, what the f**k...