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Can You Deduct That Trip? How Business Meals and Travel Deductions Really Work
Listen and Subscribe here
In this episode of the Sunlight Tax podcast, I dive into one of the most essential tax deductions for self-employed individuals, focusing on business meals and travel expenses. If you’re a freelancer, creative professional, or small business owner, this episode will help you understand what truly qualifies as a deductible expense, so you can stay compliant and keep more of what you earn.
I break down IRS rules for business deductions, explain the documentation you need to support your write-offs, and share examples to make these concepts easy to apply. Plus, I talk about why supporting independent bookstores is so important to me and how it ties into the launch of my upcoming book, Taxes for Humans.
Listen and Subscribe here
In this episode of the Sunlight Tax podcast, I dive into one of the most essential tax deductions for self-employed individuals, focusing on business meals and travel expenses. If you’re a freelancer, creative professional, or small business owner, this episode will help you understand what truly qualifies as a deductible expense, so you can stay compliant and keep more of what you earn.
I break down IRS rules for business deductions, explain the documentation you need to support your write-offs, and share examples to make these concepts easy to apply. Plus, I talk about why supporting independent bookstores is so important to me and how it ties into the launch of my upcoming book, Taxes for Humans.
Also mentioned in this episode:
01:14 Understanding Business Deductions
08:25 Exploring Business Meals and Travel Deductions
15:20 The Importance of Independent Bookstores
If you enjoyed this episode, please rate, review and share it!
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Links:
Link to pre-order my book, Taxes for Humans: Simplify Your Taxes and Change the World When You’re Self-Employed.
Join my free class: Make Taxes Easier and Stash an Extra $152k in Your Savings
Check out my program, Money Bootcamp
How to Deduct Business Meals When You're Self-Employed
LISTEN AND SUBSCRIBE HERE
How to Deduct Business Meals When You're Self-Employed
In today’s episode, I’m sharing how you can deduct business meals on your taxes as a self-employed individual including what you need for your tax documentation and what’s allowable for deduction.
Join me to learn the rules and guidelines for deducting business meals, the per diem meals allowance for business travel and the benefits business meals for entrepreneurs.
LISTEN AND SUBSCRIBE HERE
In today’s episode, I’m sharing how you can deduct business meals on your taxes as a self-employed individual including what you need for your tax documentation and what’s allowable for deduction.
Join me to learn the rules and guidelines for deducting business meals, the per diem meals allowance for business travel and the benefits business meals for entrepreneurs.
Also mentioned in today’s episode:
Client meals vs. travel meals 4:05
Why you need to keep your receipts and documentation 6:35
Keeping a calendar for your business meals and tax documentation 9:10
How much you can deduct for your business meals 11:50
If you enjoyed this episode, please rate, review and share it!
Links:
GSA per diem rate lookup (US travel)
State Department per diem rate lookup (International travel)
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