March 06th, 2016

TAX TIP OF THE DAY...  deduct international travel!

Can a business trip qualify for a tax deduction?
Any business trip viewed as “ordinary and necessary” to the course of doing business by the IRS is eligible for a deduction. In one case, the owner of a dairy took a trip to Africa to conduct research on wild animals, and successfully claimed it as a business expense because it was relevant to his business.  source: www.efile.com

 SHARE WITH A FRIEND.
If you need a tax appointment... www.baboiancpa.com