Mixing Business And Personal Travel? 5 Tips For Tax Deductions

Travel can be expensive for small business owners. So the more you can deduct on your taxes, the better your bottom line will be. But can you deduct personal travel if you combine it with business travel? The answer is yes, under certain conditions. To help you maximize your business travel tax deductions, here are a few key things to do. 1. Make Business Your Primary Reason. One of the most important rules for deducting personal travel during a business trip is to make sure it's a business trip first and foremost. [Read More]