The Weird Wild World of Small Business Tax Deductions

As individuals and small business owners prepare for tax season, it's a good time to review some of those weird and wacky deductions that small business owners and professionals have tried to squeak in. From concealed weapons to petting zoos, what can be considered a deductible business expense is rightfully considered a rather large moving target, with some items being easier to hit than others .

Small businesses hope to see Obama-backed rules scrapped

In this Jan. 13, 2017, photo, Vince Pappas, owner of Stone Steel Corporation, poses for a photo in his warehouse in Baltimore. Small businesses can expect some high-profile Obama administration regulations to be scrapped after Donald Trump takes office, with rules affecting overtime, sick leave and the environment among those likely to be scrapped.