How to write off your travel

  • Do you have a business reason for your travel?
  • If you are traveling for business, those expenses can be written off.
  • If you are traveling for a personal reason, you cannot deduct those expenses.

Hey everyone, it’s Shauna the Tax Goddess, and today I am talking on our Without Bags channel about how to write off your travel. So if you’re on this channel, that means you love travel as much as I do. I figured I would film in front of one of my favorite finds, Japanese kimono. I absolutely love this and it’s so pretty. But anyway, I love love love to travel, and one of my favorite bits about traveling is because traveling is a business for me; I’ve got clients all over the world, I’ve got vendors all over the world, and of course … oh darn … I’ve got you guys. I’ve got Without Bags followers all over the world. So traveling is a business for me, which means that I am allowed to write off my travel. Now in order to do that, of course you have to have a business.

Without Bags, for me, is a business. Of course, I love filming for you guys but you guys know that I’m always up front with you and telling you guys the whole truth and nothing but the truth, the benefits of being a CPA as well. So Without Bags is a business for me. If you guys have noticed, in some … I try to keep it very very few … in some of our posts, we will link to an Amazon affiliate account or sometimes you’ll see some advertising using Commission Junction. These are ways in which our website, Without Bags, makes revenue. Now, without revenue, according to the IRS … you have to have revenue, you have to have income for anything to be considered a business. So in order to write off the travel, I highly recommend that you guys have a business that allows you to travel to wherever it is you want to go.

On my CPA side, sometimes I’ll travel to business conferences, sometimes I’ll travel to go visit one of our vendors or some of our clients. Then on our Without Bags side, I’m traveling to bring you guys awesome tips and trips and hacks and beautiful locations and video and filming and everything else. If you’re interested in writing off your travel, make sure that you’re talking to your CPA, your tax preparer. In the meantime, enjoy Without Bags, enjoy the information, and all of the lovely photographs and stories and craziness and life that happens when you travel. So happy to be here with you guys on our Without Bags channel, and thank you so much for bringing this travel dream of mine to a reality. All right, have a great day. Signing off, Shauna the Without Bags Tax Goddess. I’ll see you guys later. Bye.

 

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