You might think, “Heck, if it’s a business convention, it has to be tax deductible.”

But you could attend a true business convention and find that the costs are not deductible.

We know you don’t want to lose your tax deductions. That’s why we are publishing this article. It explains how you can qualify your convention and seminar expenses for deduction.

Three Types

Tax law puts all conventions, seminars, and similar meetings into one of the following three categories:1

North American

Foreign

Cruise ship

In this article, we discuss what it takes to make that convention, seminar, or similar meeting tax deductible. Once you qualify for the meeting deduction, you can then qualify to deduct your travel costs of getting to and from that meeting location.

When you attend a business convention, seminar, or similar meeting, you deduct three types of costs, using three sets of tax rules:

The cost of the qualifying ... Log in to view full article.