Turn The Road Trip Of Your Dreams Into Tax-Deductible Business Travel: Seven Offbeat Ideas
Itching to travel far away or stay away for a long time? Drastically cut the impact of the costs by having a legitimate business purposes for your trip and deducting the travel expenses from your taxes. Check with your own tax advisor first, of course, before you go, and consider these seven offbeat ideas.
1. Conferences and trade shows. Business owners rarely attend enough of these anyway, in order to keep up with whats happening in their industry, see what competitors are up to, put their companys wares on display or soak in educational offerings. All of the above are legitimate business activities, so why not string together a long series of these in locations where youve always been yearning to go?
2. Scout business relocation sites. If youve ever had the thought that maybe the grass was greener elsewhere, create a trip to explore your top possibilities. Make an appointment with the Chamber of Commerce or a Small Business Development Center in each city or area youre touring, and keep notes on the pros and cons of each location for your business as you...
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