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Welcome back, everyone. Today, I want to talk about deductibility of your travel expenses for your business. Im going to add in a little bit on how you can actually get the government to subsidize a little bit of your personal vacation. So stay tuned for how to do that effectively. And just in general, for travel expenses, especially today. With the world being so global or just traveling for work so much, its very important to understand the general rules around travel so that, one, youre taking advantage of all the deductions that you can. But two, youre not running into any kind of issues with the IRS. If you get under audit, you can actually substantiate those expenses. So first, lets start with what travel expenses are deductible and travel expenses are deductible if theyre ordinary and necessary for your business, which is the typical threshold for most business deductions. However, with travel, you also have to travel far enough away from your tax home, Right? So this isn
