Travel Tips, Business Pleasure
We invite all our clients and busy people to take their business pleasure. There's always a trick and a way if we have the will to unwind, relax, and do business while at the whitesand shores. With the latest technology we have, you can do real-time multi-tasking work while on vacation. Technology is everywhere now such as converged communication, we can always make our time precious, productive, and meaningfull. We read the article of Dorothy J. Griggs, who is a licensed Enrolled Agent and has over 10 years of tax and accounting experience.
Enrolled Agents are tax professionals licensed by the federal government to represent taxpayers and assist them with tax planning and tax return preparation. Dorothy is also a member of the National Association of Enrolled Agents. Let me quote her words about "Deducting your combined biz/vacation travel." Time with family is precious.
why more and more business travelers are adding on vacation
to their trips and inviting family to join them. Sometimes
it's easy to mix business and pleasure - especially with
the trend toward booking business conferences at resort
areas like Orlando or Las Vegas. With a little advance planning,
you can get Uncle Sam to foot part of the bill - legally.
course, you don't have to fly to get tax write-offs. The
same rules apply when you travel by rail or car. Pack the
family into the car for the joint business/vacation destination,
and you can deduct the total cost of driving back and forth,
even though others are in the car. When you share your hotel
room with family members, you may deduct the cost of what
you would have paid for a single, rather than double, room.
Just be sure to ask the hotel to note the single rate on
If staying over a Saturday night would substantially reduce your airfare - and thus the overall cost of your business trip - the IRS will cut you a break. In effect, the IRS lets you count the extra days as business days because staying over actually saves money. Remember, your trip must still be primarily for business and you can only deduct 50 percent of your meal expenses.
Keep in mind that the IRS pays close attention to deductions claimed for business travel. Maintain a log to substantiate your business activities. Include the dates of departure and return, the number of days spent on business, and the reason for the travel." End of quote.