F E AT U R E D I N THIS ARTICLE:
office to your regular office counts as work travel and can be deducted. Business meals can be deducted, especially in the travel industry, where every outing is an opportunity to scope for prospective destinations/attractions. If you use your home as a self-rental for staff meetings or parties, that can also be deducted. While some of this may seem silly, and you may be worried about an audit, Caldwell emphasizes: The law is the law but take all the deductions to which you are legally entitled. For more tax advice for your business, visit caldwellcpas.com.
William Caldwell CEO of Caldwell CPAs
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