Other Travel Expense Information

Aug. 29, 2012 - PRLog -- You may deduct 50% of the cost of food, beverages, taxes, and tips when entertaining business associates on business trips.

You may also deduct 50% of the face value of tickets to an entertainment event (such as a concert, play, or sporting event) when entertaining a business associate on a business trip.

Transportation costs to and from the restaurant and/or entertainment facility are 100% deductible.

If a spouse, dependent, or other individual accompanies you on a business trip, their expenses are generally not deductible. There are some exceptions to this rule.

source http://www.speedycpa.com/?p=835

About the author Zev Jankovic, CPA
Zev has 14 years of wide-ranging business experience. Zev has a Bachelors
in Business Administration from the University of Phoenix and a Masters in Accounting and Information Management from the University of Texas at Dallas (and a member
of Beta Gamma Sigma – Business Honor Society). He is a Certified Public Accountant (CPA). Zev enjoys spending time with his family, learning Talmud, listening
to music, and hiking in the beautiful Rocky Mountains.