Welcome to TaxNoTuesday! It is 1 week before Christmas. Are your bags pack for your holiday trip? If not yet, stay with me because on the next two minutes we will go over what are the 2 rules for claiming business travel expenses. To claim for travel deductions these two rules should be met: 1. Your trip is substantially longer than an ordinary day’s work, and 2. You need to sleep or rest to meet the demands of your business trip away from home. Don’t forget, this rest requirement is not satisfied by merely napping in your car. For every IRS regulation there are limitations. Thank you for watching. Tune in every Tuesday for more tips! For more details Please like our Facebook Page: www.facebook.com/wycotax

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