Archive for February 5th, 2010

What Travel Expenses Are Deductible for Business?

February 5th, 2010 -- Posted in HowTo Business Questions, Wealth Strategies | 7 Comments »

As a small business owner I would like to take advantage of all of the legal write-offs I can for my business.  Which by the way is one of the benefits of being in business for yourself!  Since it’s that time of year again be sure you’re getting all of the benefits too.

Going back through information from Sandy Botkin (formerly an IRS Attorney), I came across some helpful tips:

“According to the IRS, you are considered “traveling” if you are away from home long enough to require sleep.  In that case your lodging is deductible as well as your continue reading »