7 Tax Benefits That Come With Personal-Business Trips


(4) Dining Out

In general, one can get deducted 50 percent of business-related costs and this applies to the individual meals while travelling.

As for that breakfast business meeting, it isn't a total tax loss. Even though it isn't likely to get you the full day for lodging deduction purposes, you can include the morning meal's cost with your client as a deductible expense.

(5) Taking Family Along

Whenever you are planning a business trip and that trip happens to be a mini-vacation trip for your family, be prepared to maintain meticulous records.

Your spouse and children’s expenses are not counted for deduction unless they work in the same company or they have any involvement in the business meetings.

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