{"id":28,"date":"2009-10-19T20:32:10","date_gmt":"2009-10-19T20:32:10","guid":{"rendered":"http:\/\/vernfree.com\/?p=28"},"modified":"2009-10-19T20:32:10","modified_gmt":"2009-10-19T20:32:10","slug":"tax-tips-for-trade-shows","status":"publish","type":"post","link":"https:\/\/vernfree.com\/tax-tips-for-trade-shows\/","title":{"rendered":"Tax Tips For Trade Shows"},"content":{"rendered":"
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.<\/p>\n
\u201cThe IRS is always looking for excessive or unsubstantiated deductions when it comes to travel expenses,\u201d cautions Tom Ochsenschlager, vice president of taxation at The American Institute of Certified Public Accountants (AICPA), Washington, D.C. \u201cIt’s the low-hanging fruit for auditors.\u201d <\/span><\/p>\n What was the total dollar amount?<\/p>\n<\/li>\n Where and when did you go? (List the time and place)<\/p>\n<\/li>\n Why did you go? (What was the business purpose?)<\/p>\n<\/li>\n Per diem rates<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n What about combining business and pleasure? While it can be done, there are a few things you need to know. We will save this for another post.<\/span><\/p>\n If you are looking for a Suwanee Ga CPA<\/a> to help you with your bookkeeping <\/a>then please give us a call. We would love to be of assistance.\n
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