Can I Write Off A Vacation As A Business Expense?

[@LisaSoulLevelHealing]

Your the first tax professional I've been happy to subscribe to for years! Way to go 🙂 will get your book, if you link to it please.

[@missedfortune]

You can get your copy of the LASER Fund book here: laserfund.com/

[@GTOberfest]

This is one of the best business channels on YT...👍. A gem.

[@missedfortune]

Wow, thanks! I believe in empowering people with knowledge and education!

[@DaraAbasute]

Start at 2:34 ..NVM!! TL:DW 1) must have legal business in pursuit of profit 2) everyone on vacation with you who wishes to write it off must have their own business entity 3) must have business meetings with agenda and minutes for 90 minutes a days You’re. Welcome.

[@cloud.07]

Thank you for sharing all of this information with us. Subscribed and digging in today.

[@amandabuysllc8274]

Also, how do you write off massages lol? Pretty cool 😎 does the massage or leisure that occurs on a "work trip" all get covered even though they're not work related activities? Or do I need to have my earbuds in listening to an audiobook for "education for my business" while getting the massage?

[@amandabuysllc8274]

Thanks for this great video! Quick Q. So if I can write off 100% of the trip, doesn't that still only equate to a real cash savings off my tax bill for 100% of the trip (x) my tax bracket? IE- 10k trip at 100% write off = approx $3500 real tax dollars saved (not 10k off my real tax bill saved)? Thanks!

[@Querenciatv]

Thanks for Sharing ❤️&✌️

[@missedfortune]

You are so welcome

[@feliciasjourney]

I’m confused. None of the ‘meetings’ on your ‘vacations’ sound like ‘the pursuit of profit’. Please explain.

[@AshAshnique]

Wow... the more you know 🤯

[@isaihapancho1778]

I just started my own landscaping business and I’m going to Hawaii to visit my fam how would I log my business meetings with my cousin?

[@isaihapancho1778]

He does construction/ builds houses down their I would like to see how profitable it would be to run a landscaping business their

[@jessebahun8769]

should all of these expenses for the vacations go through my business bank account then? I have a business entity and just set up my business bank acct for any and all transactions

[@missedfortune]

If they are business expenses, then yes. If they are not business expenses, then no.

[@crystalstark7670]

So, as long as you have a 90 minute meeting every day of your vacation, you should be ok? Wouldn’t they ask why you couldn’t have that meeting in your home?

[@ejcorinealdi]

Good question