Can I deduct a cruise as a business expense?
Can I deduct a cruise as a business expense? Any water vessels that sail are considered “cruise ships” regardless of ship size. You can deduct these expenses only if all of the following requirements are met: The convention, seminar or meeting is directly related to your trade or business. The cruise ship is a vessel registered in the United States.
Can you write off passport fees?
Flights, hotel rooms, rental cars, meals and tips for service are all considered travel expenses, if they're business-related. If a passport is required for your travel, you can claim that as well.
Can I write off a vacation as a business expense?
IRS guidelines The IRS states that travel expenses must be ordinary and necessary. They cannot be lavish, extravagant, or for personal purposes. Deductions for business travel can be available when someone must travel away from their tax home or main place of work for business reasons.