Tax Write-offs for Show Attendance and Travel After Tax Cuts and Jobs Act

摘要

Industry events such as the TCI EXPO in November are a good place to gain know-how, find new suppliers and network with others in the industry. Best of all, Uncle Sam, in the form of our tax laws, is willing to pick up the expense of attending many ofthese events - at least for some.Bottom line, the commercial tree care business can deduct all non-extravagant "ordinary and necessary expenses" incurred attending business-related meetings, conferences, shows and other events, With certain limits, allowable expenses include travel, lodging, meals and associated out-of-pocket costs.