Is extensive travel one of your unfulfilled dreams?
For years, my husband and I had talked about taking a grand tour of the U.S. and Canada, visiting well-known cities and viewing glorious landscapes. On March 1, 2003 we left in our car to do just that. At the end of May, we returned home having racked up 20,000 miles, having experienced countless adventures. Whats more, by working just a few hours a day, we earned the same amount as at home and will be deducting expenses for the entire trip on our tax return. We plan to repeat our feat this summer, in and around Alaska.
You too can do this! Here are five ways to turn the long trip youve been dreaming about for ages into tax-deductible and profitable! – business travel.
1. Seminars. By announcing my itinerary to subscribers of my weekly newsletter, The Marketing Minute, I received seminar or speaking invitations for Houston and Austin, Texas; San Francisco and Sacramento, California; Seattle, Washington; Langley, British Columbia and several other locations. Most business organizations plan events several months in advance, so time your trip announcements accordingly. Besides appearing at events...