💼Plan your trip with a clear business purpose to qualify for tax deductions.
🏨Take advantage of tax deductions for lodging expenses during your business travel.
🚗Deduct transportation expenses, such as Uber or taxi rides, during your business trip.
🍽️Use the standard per diem rate to deduct 50% of your business meals during travel.
💳Maximize tax deductions by using a business credit card to separate personal and business expenses.
What qualifies as a business trip?
—A business trip should have a legitimate business purpose, such as scouting new locations, attending events, or participating in board meetings.
How far should a business trip be from my tax home?
—Your business trip should be at least 100 miles away from your tax home to qualify for certain tax deductions.
Can I deduct lodging expenses during my business travel?
—Yes, lodging expenses, such as hotel stays, are tax deductible during a business trip.
How can I deduct my business meals during travel?
—You can use the standard per diem rate to deduct 50% of your business meals during travel.
Why should I use a business credit card for my expenses?
—Using a business credit card helps separate personal and business expenses, build business credit, and maximize tax deductions.
00:00Join me on a tax-free travel journey to Florida as I show you how to make your entire trip a tax write-off.
05:36Learn the three big rules for qualifying a trip as a business trip.
09:56Discover how to deduct transportation expenses, such as Uber rides, during your business travel.
11:58Find out how to use the standard per diem rate to deduct 50% of your business meals during travel.
12:31Learn the benefits of using a business credit card for your travel expenses.
