Water and natural gas utilities use CCF to measure usage... CCF stands for âcentum cubic feet,â which means 100 cubic feet or 748 gallons of water, according to the U.S. Environmental Protection Agency. Water and natural gas utilities use CCF to measure usage...
Itemizing requirements. In order to claim itemized deductions, you must file your income taxes using Form 1040 and list your itemized deductions on Schedule A. You cannot file your taxes using Forms 1040A or 1040EZ if you want to itemize your deductions; only the standard deduction can be taken on these shorter forms.
Keep track of deductible expenses. A taxpayer is required to deduct the correct amount of expenses, and only the allowable expenses on their tax return. Good records are necessary to record the source and amount of expenses incurred in the business. Prepare tax returns. Taxpayers need good records to prepare tax returns.