If you’re self-employed, freelancer, entrepreneur or small business owner, you can deduct a variety of travel expenses on your taxes as long as the trip was primarily for business.
This can include the cost of meals, airfare, lodging, transportation and other related business travel expenses. Watch the video to learn more…
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Do you have questions about the Tax Deduction for Travel Expenses: Tips for Self Employed, Freelancers and Entrepreneurs? I’m an Illinois licensed, Registered Certified Public Accountant with over 25 years of experience. I’m dedicated to providing outstanding tax and accounting services to individuals and small businesses in the Chicago area.
Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, I would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.