Question
I want to deduct my trip to a convention in Paris, France. What is my major hurdle?
(E.L., Bradenton, Fla.)
Answer
Section 274(h)(1) is the major hurdle. Under this section, you may deduct the trip to the Paris convention if
1.
the convention is directly related to your trade or business, and
2.
it is as reasonable to hold the convention in Paris as it would be to hold the convention in Chicago.
Directly Related
The term “directly related” is defined in the IRS’s entertainment regulations, but it is ... Log in to view full article.