The Huddle Guys are coming up for air after an intense tax season. So, it makes sense that this episode connects to the topic of vacations. As the Huddle Guys state, “Business owners don’t take vacations, they take business trips.” Listen as the Huddle Guys provide tips on how you can write off your business-related travel expenses for tax purposes...a very popular topic with their clients.
On a high level, travel expenses typically fall into the categories of transportation, lodging, and meals. As with all tax-related issues, documentation is key. The Huddle Guys share advice on how to properly document your expenses as they are incurred, instead of relying on your memory during tax filing season. They cover everything from conferences to cruises.
If you are gearing up for the summer travel season and traveling for business, you should tune into this episode. And if you have questions regarding business travel, it’s best to ask your CPA before the trip occurs.
It’s time to huddle up!
