Valeric acid, or pentanoic acid, is a straight-chain alkyl carboxylic acid with the chemical formula C 5 H 10 O 2.Like other low-molecular-weight carboxylic acids, it has a very unpleasant odor.t is found naturally in the perennial flowering plant valerian (Valeriana officinalis), from which it gets its name. Its primary use is in the synthesis of its esters. Volatile esters of valeric acid tend to have pleasant odors and are used in perfumes and cosmetics.
Employers' Reimbursements. If your employer offers you a reimbursement plan for your business expenses, you must apply for reimbursement within a reasonable time, and you can only deduct the unreimbursed portion on your taxes.
Deducting Business Travel Expenses. You can deduct travel costs related to setting up a new business as long as the trade or business you are in is the same as you engaged in previously, as someone elses employee.