Davinci Blog

6/8/2016

The Beginner’s Guide to Business Travel Deductions

When it comes to tax deductions you’re going to hear the phrase “ordinary and necessary expenses” over and over. Unfortunately for you it’s a bit ambiguous—okay, extremely ambiguous! This can make it difficult on business owners to navigate the tax waters and figure out what the heck is going on, and how they can save money. Throw travel in the mix? Well, things just get a bit more complicated. Throughout this guide, we’ll do our best to demystify the term “ordinary and necessary expenses” and provide you with a few key points that will hopefully make your business travel expenses, well...a lot less expensive.

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