Thursday, January 22, 2009

Tax tip #4 Lodging

You do not need receipts for traveling expenses under $75 per expense (documentation is needed) but you do need lodging receipts!
Important to keep a good diary and here's some good advise- keep all receipts anyway!

As mentioned I am not a tax attorney or CPA please acquire tax advise! These tips are summarized. Sandy Botkin has a great updated tax book out "Lower Your Taxes Big Time"