Making The Most Out Of Your Business Travel

  • 📰 Forbes
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

We've been locked indoors for a year and a half, and now, it finally looks like we may get a chance to get off our sofas and out the door

For business travel specifically, deductible expenses are the ordinary and necessary expenses of traveling away from home for your business. Your"home," in this case, is the entire city or general area where you work or have your principal place of business, and that may not necessarily be where you live. If you don't have a regular or a principal place of business because of the nature of your work, then your tax home may be the place where you regularly live.

Shipping of baggage and sample or display material between your regular and temporary work locations. You can also deduct lodging, 50% of meal costs , and other qualified business expenses for the days you spend on business, but only to the extent that you would have incurred the costs if the trip had been totally for business. Travel days count as business days, as do weekends, holidays, or other standby days if they fall between days devoted to business, and it wouldn't make sense to travel back home.

For example, if you are out of the country for seven consecutive days or less , then you don't need to make the allocation. That means you can fly to Germany for a four-day meeting and sightsee for two days and deduct your travel expenses.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 394. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Nope, not yet! Wait a few more years!

No... no we haven’t

Red States have been open for months !! LiberalismIsTheRealPandemic

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & moreThe stocks making the biggest moves in premarket trading include Virgin Galactic, Callaway Golf, Palantir, and more. The biggest advantage $BTC has over $ETH is that you don't have to trust Ethereum people. Learn more about $doge currency’s Bitcoin really does feel more decentralized, easier and safer to recommend in that sense. If I was a nation state I'd pick BTC to hoard. DM to know more. Thank you CNBC for pumping all these crap stocks I am looking for new, good friends
La source: CNBC - 🏆 12. / 72 Lire la suite »