Posted by taxguru on June 30, 2002
Tax Deductible Vacations
For those of us who are self employed, it isn’t hard to find ways to justify a perfectly legitimate tax deduction for travel anywhere in the world. I work with a lot of Realtors and have to constantly remind them that any trip they take can be considered as deductible business travel if they check in with local real estate offices wherever they go to see what properties are available for their local clients and to show the other offices what properties they have listed.
Gary Klott has an interesting article with some other tips for writing off what would normally be non-deductible vacations for W-2 wage slaves. Happy trails.
KMK
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