Is Your Vacation Tax Deductible? - Palma Financial Services

In short, vacation tax costs are not deductible.

They’re not deductible for an individual, and they’re not deductible for a business.

However, this does not mean that travel expenses are nondeductible.

You can deduct those costs as a legitimate business expense if you travel for work. Just be careful about when your work trip has elements of pleasure in it.

If a personal vacation is masquerading as a work trip, you will likely lose the ability to deduct it.

But I can do things to help you get the complete travel deduction.

Plus, I have an extensive list of other tax strategies you could use this year.

Would you like a free tax assessment?

Let’s discuss it: schedule a time here.