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May 22, 2024
Question

Tallie LLC questions 1-31, #24

  • May 22, 2024
  • 1 reply
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24. How should I document and substantiate international travel expenses to ensure compliance with IRS regulations?

 

1 reply

May 23, 2024

If you are a U.S. resident, you would be able to deduct any ordinary and necessary work-related travel expenses on your personal return if you are self-employed or own a business as a single member LLC.  Please see this link for additional information.

 

The travel must be directly related to your operation as a business.  This blog also has a lot of additional information to help you deteremine what deductible travel expenses would be.

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