Among items included in business expenses are management expenses, commissions, labor, supplies, incidental repairs, operating expenses of automobiles used in the trade or business, traveling expenses while away from home solely in the pursuit of a trade or business, advertising and other selling expenses, together with insurance premiums against fire, storm, theft, accident or other similar losses in the case of a business and rental for the use of business property.
35 Miss. Code. R. 3-05-01-104