Would you like to deduct your trip to a convention, seminar, or similar meeting at a nice resort in an exotic location?

Did you know that the tax law breaks the Earth into two locations for conventions, seminars, and similar meetings, as shown in the flowchart below?

Inside the North American Area

Basic rule. You may deduct your travel to and attendance at a convention, seminar, or similar meeting held in the tax-law-defined North American area when it benefits or advances the ... Log in to view full article.