Turn The Road Trip Of Your Dreams Into Tax-Deductible Business Travel: Offbeat Ideas

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Arabia.com:
Itching to travel far away or stay away for a long time? Drastically cut the impact of the costs by having a legitimate business purposes for your trip and deducting the travel expenses from your taxes. Check with your own tax advisor first, of course, before you go, and consider these 7 offbeat ideas.

1. Conferences and trade shows. Business owners rarely attend enough of these anyway, in order to keep up with what’s happening in their industry, see what competitors are up to, put their company’s wares on display or soak in educational offerings. All of the above are legitimate business activities, so why not string together a long series of these in locations where you’ve always been yearning to go?

2. Scout business relocation sites. If you’ve ever had the thought that maybe the grass was greener elsewhere, create a trip to explore your top possibilities. Make an appointment with the Chamber of Commerce or a Small Business Development Center in each city or area you?re touring, and keep notes on the pros and cons of each location for your business as you explore.

3. Subscriber get-togethers. If you publish an ezine with a sizeable list, announce your itinerary a month or two in advance and ask if anyone on your route would be willing to host a subscriber schmooze session. Offer to bring the refreshments for the session and plan to give the host an appropriate gift. Then announce the scheduled meetings in your ezine two or three weeks before they take place. You don’t need any particular agenda or program: a ‘meet and greet’ works well and serves the purpose of business development.

4. BlogMore.

 

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  • Owning Your Business: Questions & Answers
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