Tax tips for using your frequent flyer miles, hotel points, and credit card rewards

I’ll bet you’ve been building up quite a stash.

I’m talking about all the frequent flyer miles, hotel reward points, and credit-card cash rewards you’ve accumulated.

The important question here is, what are the tax implications of using all these rewards?

Should they be treated as income? Are they taxable? Are they deductible?

You’ll get straight answers when you read my new article titled Tax Tips for Credit Card, Hotel, and Frequent Flyer Rewards

Three ways our fact-filled article can help you:

1. We’ll tell you the IRS’s position on frequent flyer miles. Good news. The IRS has deemed your personal use of business-earned frequent flyer miles as a tax-free event. Same thing with hotel points. You’ll get the whole story when you read the full article.
2. We’ll explain how to use business miles and points for personal use. More good news. If you travel on a personal vacation and use your business frequent flyer miles and hotel points, you don’t have to worry. Neither produces taxable income for you. You’ll get all the details when you read the full article.
3. You’ll learn how to do well and do good. If you tell your credit card company to give your cash rewards to a 501(c)(3) charity, the cash reward isn’t considered to be income for you. And it qualifies as a charitable deduction. You’ll get complete information when you read the full article.