Here’s a question for you…
If you drove a long distance to your parents’ home, but spent time doing business research in the library around the corner from their house, would the IRS consider the miles you drove to be “business miles” or “personal miles”?
The answer can mean the difference between claiming a fat business deduction or having to pay all your expenses out of pocket.
Want me to steer you right? Don’t miss my new article titled Tax Tips: How Berge Earned Business Deductions on Trips to See His Parents?
Three ways our fact-filled article can help you:
- We’ll tell you how the courts decided in the Berge case. Richard Berge took exactly the kind of mix-use trip described above. The IRS claimed that Mr. Berge trip was personal and that he was not eligible for the business deduction. Yet, the court found against the IRS. You’ll find out why when you read the full article.
- You’ll learn the simple technique that helped Mr. Berge emerge victorious. Berge did what winning taxpayers always do. He kept an accurate contemporaneous trip sheet that established three vitally important facts. We’ll list them for you when you read the full article.
- We’ll tell you what you need to know about Section 274(d) of the tax code. This tough-code section drives a nail in the coffin of all too many taxpayers. We’ll give you the facts you need to come out a winner when you read the full article.