The Costs of Getting Around

Sloan, Chuck
March 2009
Back Stage (1946-5440);3/12/2009, Vol. 50 Issue 11, p14
Trade Publication
The article offers information on money spent on transport for business purposes and the tax exemptions available for that. Every trip one makes for a business purpose is deductible including trips to auditions, classes, and photo sessions. The U.S. Internal Revenue Service requires a simple notation of the address, whom one meets and why, and the documentation to be contemporaneous, meaning written at the time of the meeting. The same general rules apply if one uses a car for business travel.


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