You may have heard that under some conditions, you can deduct a cruise as a business expense (if you attend a cruise ship convention, for example). It is possible to deduct some of the expenses for such travel, but the rules governing cruise write-offs are constantly...
As I have noted in the last three posts, business travel can be a great tax deduction, but there are rules for deducting these expenses properly. If you know the rules, you can take these deductions with confidence, all while enjoying some time away from home. In this...
In my last post, More on the Value of Deducting Travel Expenses, I outlined more reasons why learning the rules for deducting business travel can be a great way to save tax dollars. I mentioned at the end of that post that there are IRS requirements for what travel...
In my last post, Why Deducting Travel Expenses Makes So Much Cents, I introduced you to the idea of starting a small side business for the purpose of making more money and saving valuable tax dollars. If you operate a business you have the opportunity to write off all...
It is so simple to deduct your travel expenses, if you have a business activity of some kind. You must do a little planning in advance and keep good documentation but this will allow you to save taxes big-time! First, you need to think outside the W-2 box and decide...
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