Which expenses are deductible when traveling away from home?
Accommodations and meals. There is a 50% limit on meals. Costs of transportation, or a per-mile rate if traveling in…read more
Are there limits on deductible travel, entertainment, and meal costs?
There is no dollar limit on these expenses, however, these expenses should be necessary, ordinary, and reasonable. The deduction may…read more
How should I document my travel & meal expenses?
If you’re being reimbursed by your employer, you’ll need to provide an expense report, and return any excess funds. If…read more
Do I need to report employer reimbursements for travel, entertainment, and meals?
If you return unused reimbursement, you should provide your employer with a detailed spending report, as well as meet some…read more
Can I deduct meal expenses when visiting clients outside the office?
Rarely. Usually, you may only deduct the cost of meal if traveling on business, or if you’ll be out of…read more