Category: Tax Core Series

  • Business Expenses

    Business Expenses

    β€”

    by

    Zhoudi Tang, CPA
    in

    Travel Expense Purpose Travel Expense Expense Related to Business Primarily for Business Activities Yes Yes Primarily for Personal Activities No Yes Determining Primarily for Business or Personal The amount of time the taxpayer spends on personal activities compared to the time spent on business activities is an important factor to determine if a trip is…