Join Jeff Trapp on The Jeff Trapp Podcast for an insightful episode about legally deducting summer getaways as business expenses.
Jeff discusses various rules and considerations you need to keep in mind to ensure your travel can be deducted, including what is "ordinary and necessary", the rules around overnight stays, as well as the primary purpose test. You'll also learn how meticulous record-keeping can safeguard your deductions and how to effectively plan for business travel that can include personal enjoyment yet qualifies for tax deductions.
If you found this helpful, please like, share, and subscribe. Additionally, grab a copy of our free tax playbook at go.thetaxplanningpros.com to discover more tips and tricks on maximizing your tax savings.
