For someone who likes to travel, the world offers enormous opportunity for new sights and adventure. However, travelling can be an extremely expensive habit. Because of that fact, you may be tempted to try to write off some of your travel expenses as a business expense.
This is perfectly legal, as long as you follow some pretty strict [...]
Tax law allows you to deduct two types of travel expenses related to your business, local and what the IRS calls “away from home”.
You may be able to deduct the ordinary and necessary business-related expenses you have for Travel, Entertainment, Gifts, or Transportation.
An ordinary expense is one that is common and accepted [...]