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How to Turn Your Vacation Into a Tax Deduction

Vacation budgets are down, and IRS audits are up. But that doesn’t mean combining a family vacation with business travel is a bad idea — just that you have to be careful and do it right.

One option for reducing your travel budget, especially if you travel for work, is to let Uncle Sam pick up part of the tab by deducting part or all of your trip. Since some travel costs…

Find out more at: http://finance.yahoo.com/taxes/article/112934/vacation-tax-deduction-moneytalks?mod=taxes-advice_strategy

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Written by Real Estate Advisor

June 17, 2011 at 4:30 pm

Posted in News

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