Tagged: Business Expenses

IRS Business Travel Definition for “Away From Home”

IRS Business Travel Definition for “Away From Home”

The IRS definition of business travel and what qualifies as IRS business travel based on the IRS business travel definition....

IRS Rules for Recording Business Expenses: Travel, Transportation, Meals and Entertainment

IRS Rules for Recording Business Expenses: Travel, Transportation, Meals and Entertainment

A clear guide about IRS rules for recording business expenses whether you have your own business, you’re an employee, or...

How To Maximize Business Use Car Tax Deductions (Standard Mileage Rate vs Actual Car Expense Methods)

How To Maximize Business Use Car Tax Deductions (Standard Mileage Rate vs Actual Car Expense Methods)

Whether car use is only for work or work and personal reasons, many taxpayers wonder how they can maximize end-of-year...