Article Date:
February 2008

Word Count:



Cruise to Mexico

My wife and I are 1099 sales professionals who operate our business as an S corporation. We are thinking of having our stockholders’ meeting in Mexico and taking a cruise ship to and from the meeting destination. Will this trip be deductible? (B.T., Marble Falls, Texas)


Yes, but only after we make a couple of changes and add some clarity to this trip.


First, we want to change the reason for your trip from “stockholders’ meeting” to ... Log in to view full article.

Log in to view full article
Already a subscriber?
Email Address


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
with a money-back guarantee