Are Travel Expenses Tax Deductible?
Many of us wonder, Are travel expenses tax deductible? or Is there any way for me to take a vacation and write part of it off? Well the answer to that is yes if you do it right. The IRS allows you to deduct a part of your travel expenses if your vacation is related to your business or will enhance your business. So if you are attending a business meeting somewhere or a conference that will enhance your business you can qualify for a deduction. Why do you think so many seminars and conventions are held in Las Vegas or Orlando? Now there is a right way and a wrong way of doing this. You must document why you are going to that location and keep your receipts. Also you should choose a seminar, convention or meeting that you could not easily duplicate in your home town. For example, a friend of mine is a hypnotist. There aren’t many hypnosis shows in Orlando but there are a ton of them in Vegas. If he was going to Vegas to learn more about how to conduct a hypnosis show to enhance his busin
