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I often travel for my business. Can travel expenses be used on my tax return?

I often travel for my business. Can travel expenses be used on my tax return?
 
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Category : > Business Tax
Posted On : Thu Nov 25th,2010

 
I often travel for my business. Can travel expenses be used on my tax return?
 

 

I often travel for my business. Can travel expenses be used on my tax return?

Answer: Travel expenses are fully deductible. The only expenses related to travel that can not be taken in full are meal and entertainment expenses.

Example: A business owner travels to a trade show in Las Vegas. While in Las Vegas the business owner takes a client to a show. The airline ticket, hotel room and other traveling expenses are fully deductible. The show is only 50% deductible.

  


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