Tax Deductions for Entertainment Facility – Vacation Home

Tax Deductions for Entertainment Facility – Vacation Home

Tax Planning Tax Deductions for Entertainment Facility – Vacation Home Bradford Tax Institute Here is a bit of good news: your vacation home can produce business deductions. But you need to avoid having your vacation home classified as an entertainment facility...
Deduct 100 Percent of Your Business Meals Under New Rules

Deduct 100 Percent of Your Business Meals Under New Rules

Tax Planning Deduct 100 Percent of Your Business Meals Under New Rules Bradford Tax Institute Since 1986, lawmakers have limited business meal deductions: first to 80 percent, and then to 50 percent (unless an exception applies). But on December 27, 2020, in an effort...
5 Rules for Turning Your Vacation – Even a Luxurious One – Into Tax-Deductible Business Travel

5 Rules for Turning Your Vacation – Even a Luxurious One – Into Tax-Deductible Business Travel

Tax Planning 5 Rules for Turning Your Vacation – Even a Luxurious One – Into Tax-Deductible Business Travel Bradford Tax Institute Estimated tax tip savings: When you convert your vacation into a business trip, your transportation expenses suddenly become...