How to write off your travel expenses as a business...

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  • Опубліковано 21 лип 2024
  • Learn how to write off your travel expenses as a business. Writing off travel expenses can seem complicated, but in this video, I am explaining what travel expenses you can deduct and what you can’t deduct when traveling for business.
    To learn more about how to travel for free with credit card points, make sure to check out this video here: • The best business cred...
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    CHAPTERS:
    00:00 Introduction
    01:00 What expenses can you deduct for business?
    03:50 What expenses you CAN'T deduct
    06:51 Travel expenses example
    08:40 What business entity type are you?
    09:48 The sandwich day rule...
    **DISCLAIMER: This video is meant for educational purposes only. This is not to be relied on or considered a substitute for advice on your specific situation from your tax advisor.
    #travelexpenses #businesstax #jamietrull

КОМЕНТАРІ • 5

  • @JamieTrull
    @JamieTrull  26 днів тому +1

    What trip are you taking next that you can write-off? Let me know in the comments below.

  • @kimrojas2332
    @kimrojas2332 25 днів тому

    I’ve been following you for years and have gotten some of your trainings. Just had to say I love your hair! Great video. Thank you!!!!!

    • @JamieTrull
      @JamieTrull  18 днів тому

      Thank you, that is so sweet! Glad to have you here!

  • @rthilson
    @rthilson 3 дні тому

    Why is my meals only 50% deductible? I wouldn’t be eating out if i wasn’t traveling

    • @JamieTrull
      @JamieTrull  3 дні тому

      Same reason that entertainment is now not deductible at all. People took advantage of it so they changed it. The 50% deductibility for meals has been in place since 1994, so its nothing new.