It’s a pity that so many business owners don’t deduct all the travel expenses that the IRS allows.
And it’s not surprising that they’re missing these hefty deductions. You see, the tax code is filled with so many rules and regulations it’s hard to know exactly which deductions you’re entitled to.
That’s where my new article comes in. It lists practical and completely legal ways to deduct travel expenses that you may not have known about.
So, before you pack your bag and hit the road, take a moment, save some money, and read my new article titled Tax Tips: Tax-Deductible Reasons for Business Travel.
Three ways our fact-filled article can help you:
- We’ll explain why the IRS cares so much about two little words. It’s very important to Uncle Sam that your travel expenses be “ordinary and necessary.” What exactly do these two words mean to the IRS and why is their meaning important to you? You’ll find out when you read the full article.
- You’ll learn how to claim travel deductions for meeting with colleagues. Do you have colleagues around the country with whom you can discuss ideas that would benefit your business? Of course you do! And you’ll learn how to claim a deduction for your meetings with them (even at a luxury resort!) when you read the full article.
- We’ll tell you how to get a tax deduction for your spouse when you travel together. They say you can’t take it with you. But you can take your wife with you on business trips and deduct her/his expenses. The catch? You’ll have to satisfy three IRS conditions. What are they? You’ll find out when you read the full article.