What Medical Travel Expenses are Tax Deductible?

What Medical Travel Expenses are Tax Deductible?

The Tax Cuts and Jobs Act of 2017 made several changes to the tax code, including those that affect how healthcare expenses are treated. While the new law doesn’t change the fact that you may be able to deduct some medical expenses, it does mean that not all such...
Are Travel Expenses Taxable?

Are Travel Expenses Taxable?

The question of whether or not travel expenses are deductible is often asked. The answer is that it depends on whether you meet the requirements for deducting these expenses. If you can identify them, certain travel expenses may be tax deductible. Travel expenses are...
Are Travel Meals 100% Deductible?

Are Travel Meals 100% Deductible?

Are your travel meal expenses 100% deductible? It depends! If you’re deducting the cost of meals that are required to be incurred outside of your regular business hours, they may be 100% deductible. However, if you’re preparing food from raw ingredients at...
Are Travel expenses tax deductible?

Are Travel expenses tax deductible?

Whether you’re traveling for business or pleasure, it can be difficult to figure out which of your expenses are tax deductible. The rules can be confusing and vary depending on what type of trip you take and how long you stay away from home. To help keep things simple...