A recent report shows that post-pandemic global business travel is going strong. The market reached $665.3 billion in 2022 and is estimated to hit $928.4 billion by 2030, according to a report from Research and Markets. If you own your own company and travel for business, you may wonder whether you can deduct the costs of having
Tag: business expenses
Fringe Benefit: Using a Company Vehicle
The use of a company vehicle is a valuable fringe benefit with tax benefits for owners and employees of small businesses.
Best Practices for Business Expenses
If you’re claiming deductions for business meals or auto expenses, be sure to follow best practices for business expenses.