A bill becomes law if signed by the President or if not signed within 10 days and Congress is in session. If Congress adjourns before the 10 days and the President has not signed the bill then it does not become law (Pocket Veto.)
Amounts paid. or reasonably expected to be paid during estate administration are deductible on Form 706; or, executor can elect to. claim some administration expenses on Form 1041 when paid. On Form 1041, expense is subject to 2% adjusted gross.
Home Office Deduction. If you have a brick-and-mortar business, you can always deduct expenses, such as utility bills. If you have a home office, you can also deduct a portion of your maintenance costs.The deduction for utility bills or any other recurring expense depends on the ratio of the size of the home office to your home.For instance, if your office takes up 5 percent of your home's square footage, you can deduct 5 percent of your utility bills.he deduction for utility bills or any other recurring expense depends on the ratio of the size of the home office to your home. For instance, if your office takes up 5 percent of your home's square footage, you can deduct 5 percent of your utility bills.