The IRS Will Cut You A Break If You Spend Your Entire Vacation Making Business Calls
"The tax law states that when a trip is primarily for vacation, you cannot deduct air fare or other costs of getting to or from your destination, but you can deduct business-related expenses once you are there. When a vacation is laced with continual cell phone and email correspondence, you may consider a percentage of the expenses as business based on the ratio of hours worked to total awake hours, says Lisa Osofsky, a partner at the accounting firm WeiserMazars. The hotel stay and meals would be deductible proportionate to your work time versus your personal time."
7/8/2011 8:55 PM
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