What are Travel Expenses, according to the IRS

6 months ago
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The IRS sets out their stated position with respect to travel expenses and their deductibility in IRS Publication 463, although for purposes of this particular video we are going to be focusing upon the broad term of travel expenses, without going into the technical aspects as to how much can be deducted, etc. It should also be noted that IRS Publication 463 of itself, for which we are providing but a brief look at, is itself merely an introductory overview, with the specifics actually needing to be discerned from the United States Internal Revenue Code and court decisions, in particular those of the US Tax Court and appellate decisions, typically in conjunction with seasoned tax professionals, to get down to the specifics. https://www.neufeldlegal.com

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