Tag Archives: business travel

Sometimes, you may find yourself having to travel for work purposes. If you are not self-employed, and you work for a company or business, you may incur expenses while traveling. While it is possible to recoup your expenses by taking a tax deduction, you may find it more pertinent to seek reimbursement from your employer. […]

Traveling for Deductions

Some businesses require employees to travel in order to perform their job effectively. Travel expenses can be deducted, provided they are both ordinary and necessary to the job, through Form 2106, Employee Business Expenses, or Form 2106-EZ Unreimbursed Employee Business Expenses, and Form 1040, Schedule A, Itemized Deductions. Travel expenses incurred for personal reasons or […]