When Can Business Owners Deduct Travel Expenses? by Angie Adames, CPA
Posted on June 29, 2021 by Angie Adames
There is a very fine line between business and pleasure when it comes to how the IRS treats business-travel expenses, including airfare, meals and lodging. In general, some or all of these costs may be deductible only when they are deemed reasonable, necessary and directly attributed to the taxpayer’s active conduct of a trade or […]