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When you’re spying, write off your expenses

April 6, 2015

What are your competitors up to?

To find out, maybe you’ve visited their operations and done a little snooping.

That’s fine with Uncle Sam. And as I’ll explain in my new article, he’ll let you deduct the cost of your spying — even the amount you pay for your rivals’ products and services!

Want to find out how you can play James Bond at the IRS’s expense? Put on your trench coat and shades. Then read my new article titled Tax Tips: Spy on Your Competitors, Discover Ways to Improve Your Business, and Write Off the Whole Expense!

Three ways our fact-filled article can help you:

  1. We’ll tell you what the IRS wants to know. I hope it never happens, but let’s say you’re called in for an IRS audit. Your agent will undoubtedly ask you to document two key activities. What are they? You’ll find out when you read the full article.
  2. We’ll tell you when you can deduct travel and entertainment expenses. In the right circumstances, you can deduct 100% of your travel, meals, and more… But you have to know how to play the game. We’ll give you all the details when you read the full article.
  3. You’ll learn what every spy has to carry. It’s not a gun. It’s receipts. Remember. You always need to keep a receipt that documents your expenses. You should also keep proof of payment (such as a credit card statement) that corroborates the information on the receipt. You’ll get all the information you need when you read the full article.

Filed Under: Tax Planning, Travel

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