Article Date:
July 2012


Word Count:
1212

 

 

Tax Tips to Identify Tax-Deductible Travel Days


If you want tax deductions for all or part of your business trip, you need to know the tax rules that make your days either business or personal.

 

In this article, we use the foreign-travel rules to classify business and personal days because the foreign rules are both clear and logical. Further, by using this one set of rules to classify the days of your trip, you avoid confusion and know that your days of travel, both foreign and domestic, are properly classified as business or personal.

 

Why bother? When you know the rules, you are likely to deduct a larger part of your combined business and personal trips, which means more money in your pocket because you are paying less in taxes.

 

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