Traveling for Work – Deductible Business Expenses

August 10, 2015 by OSYB Staff

What makes business travel unique from the tax viewpoint is that when a taxpayer is in business travel status, the entire cost of lodging and incidental expenses, and 50% of meal expenses, is deductible by a business that pays the bill and doesn’t result in any taxable income to employees who are reimbursed under an accountable plan.