"Harry Krause" wrote in message
...
NOYB wrote:
"Harry Krause" wrote in message
...
NOYB wrote:
"P Fritz" wrote in message
...
"NOYB" wrote in message
nk.net...
"Sir Rodney Smithers" Ask me about my knighthood. wrote in message
...
NOYB,
You are just upset because you would have to fill some cavities to
write
off your trip, but it still might be a good deal.
There are all sorts of "grey area" methods to save taxes. Writing
off
non-business related trips as a business expense is not my way to
save
taxes. As a corporation, I could make my wife an officer, and then
write-off *any* trip that I take by simply keeping a journal of daily
"business meetings". But I consider that unethical...and would never
do
it.
But there are always those educational seminars held in luxury
vacations
spots. The medical doctors seem to really be hooked on those.
The only one I take advantage of is the annual Florida Dental
Association meeting in Orlando. But I must get an advertisement for a
new one in some exotic locale almost every day in the mail.

I *will* be attending the ADA meeting in Hawaii in 2009 though. ;-)

I get clients to pay for many of my trips. They usually want some sort
of presentation from me at their meetings. Since I am on a retainer fee,
they don't have to pay more for me to be there, so they're glad to pick
up my airfare, hotel, meals, et cetera. I was invited to a meeting next
month in Seattle, but I talked the client into putting me off until
Spring. I do hope the sun shines a little in Seattle in the Spring.

Do you claim the trip as income?


I should be embarrassed to say this, but I don't know. My books are
handled by an accountant, and he prepares my taxes, too. I follow his
advice. When I say "pick up" my travel expenses, I pay for them up front,
submit a voucher and receipts, and get reimbursed. I don't mark up these
purchases, so I suspect they are a wash, tax-wise.

I hope he is a union accountant!