Travel Expenses in Connection with Tax-Deductible Education Expenses

Autor/inn/en	Bottiglieri, William A.; Reville, Patrick J.
Titel	Travel Expenses in Connection with Tax-Deductible Education Expenses
Quelle	In: American Journal of Business Education, 5 (2012) 3, S.353-358 (6 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1942-2504
Schlagwörter	Tax Credits; Expenditures; Operating Expenses; Transportation; Travel; Learning Activities; Business Administration Education; College Programs; Business Skills; Accounting; Educational Practices; Educational Strategies; Units of Study + Suchen Sie Ihr Suchwort? Steuerermäßigung; Ausgaben; Betriebskosten; Verkehrswesen; Travelling; Reisen; Reise; Lernaktivität; Studienprogramm; Abrechnung; Buchführung; Buchhaltung; Bildungspraxis; Lehrstrategie; Lerneinheit
Abstract	Trade or business expenses are deductible if they are ordinary and necessary with respect to the trade or business in which they were incurred. Treasury Regulations bring education expenses into this purview but only if they maintain or improve skills already acquired or allow a taxpayer to maintain his current position. Related travel expenses in connection with educational activities may come into play in (i) travel to an out of town location to attend an educational function, (ii) travel while engaging in educational activities or (iii) travel which is itself a form of education. Current regulations may limit the allowable deduction for these education-related travel expenses. (As Provided).
Anmerkungen	Clute Institute. 6901 South Pierce Street Suite 239, Littleton, CO 80128. Tel: 303-904-4750; Fax: 303-978-0413; e-mail: Staff@CluteInstitute.com; Web site: http://www.cluteinstitute.com
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01