Tax Tips For Trade Shows

If you will be participating in any trade shows this year, here are a few tips you need to keep in mind. You want to get as many legal write offs as possible, but be careful… don’t cross the line with write offs that aren’t allowed.

“The IRS is always looking for excessive or unsubstantiated deductions when it comes to travel expenses,” cautions Tom Ochsenschlager, vice president of taxation at The American Institute of Certified Public Accountants (AICPA), Washington, D.C. “It’s the low-hanging fruit for auditors.” Continue reading

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