Business Owners Tax Newsletter, September 2011

Slightly more than two decades ago, after a book I’d written about Quicken become a modest best-seller, I thought it’d make sense to consult with a couple of accountants—just to make sure I wasn’t missing some obvious tax saving gambit. And so, with some awkwardness, I sat in a nice conference room looking out over the city of Seattle talking with these veteran CPAs.

I still remember how these two older accountants broached one subject. Wincing, they asked, “You haven’t been taking vacations, have you?” Their question stemmed from a simple fact of business ownership. A business owner, if he or she follows the rules, can turn most travel into a valid business deduction. Now please understand, I’m not saying that personal travel expenses are deductible. They’re not. But what I am saying is that your travel can be re-structured in way that triggers a deduction.

The September issue of the Business Owners Tax Newsletter describes the rules for deducting business travel, including the the tricks for turning family vacations into business deductions.

More Details Try Demo

Affiliates

Like this product?

Spread the word about it and earn 50.00% of the purchase price on sales you refer.

Join our affiliate program

0.23MB PDF Download

USD 11.95


Question? Contact Us