How to write off your travel expenses as a business...

[@JamieTrull]

What trip are you taking next that you can write-off? Let me know in the comments below.

[@kristimeenan50]

This is terrific! I'm already thinking about my trip to Colorado in the fall...how can I maximize the write-offs for travel expenses. Thank you!!

[@JamieTrull]

@@kristimeenan50 I love this! I always think about this ahead of time to make sure I'm getting the best tax deductions I can (the RIGHT way!)

[@gretchenrodriguez]

Thank you for this! I wish I would have known years ago. I've been a published author and never took travel expenses for my research trips. Ugh! I can do this even if I'm considered a self-employed author!?

[@JamieTrull]

Yes absolutely, just make sure to follow the rules and seek advice from your accountant to double check what can and can't be wrtitten off for your particular circumstance.

[@kimrojas2332]

I’ve been following you for years and have gotten some of your trainings. Just had to say I love your hair! Great video. Thank you!!!!!

[@JamieTrull]

Thank you, that is so sweet! Glad to have you here!

[@CodyRushDriving]

Fringe question for you, in regard to entertainment not being deductible: what if your business is entertainment? As an example: if I were a youtuber, using my channel for income (I'm currently not, btw) and my channel's focus was playing laser tag at different facilities around the country/world. Would travel/laser tag equipment/laser tag games be deductible, as it is directly related to the business of the youtube channel? Another example: if I were a youtuber, using my channel for income and my channel's focus was reviewing hotels and theme parks around the country/world. Would hotel stays, theme park passes, food at theme parks/hotels be deductible? If I were to drive around the country to do either of these things, would the mileage be deductible?

[@JamieTrull]

Great question, please submit it for my next KZbin live class so I can answer it for you: www.JamieTrull.com/KZbin

[@rthilson]

Why is my meals only 50% deductible? I wouldn’t be eating out if i wasn’t traveling

[@JamieTrull]

Same reason that entertainment is now not deductible at all. People took advantage of it so they changed it. The 50% deductibility for meals has been in place since 1994, so its nothing new.