Article Date:
July 2023

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12 Answers to Questions on Proving Expenses for Business Travel

Q&A 1: Corporation or proprietorship?


Question. Are the business travel documentation rules different if I operate my business as a corporation versus as a proprietorship?


Answer. Yes and no.


Not different. Regarding deductions for lodging, meals, or other travel expenses, the rules governing receipts, business reasons, and canceled checks are the same for corporations, proprietorships, individuals, and employees.


Different. If you operate as a corporation, the corporation is a separate legal entity from you. You are an employee of that corporation. To get the best tax results, you



need the corporation to reimburse you for the travel expenses, or


have the corporation pay the travel expenses.


Either way, you have to document the travel expenses as explained in the answers below.


Big change. The Tax Cuts and Jobs Act eliminated for the years 2018–2025 your ability ... Log in to view full article.

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