HOW TO AVOID TAX HEADACHES WHEN EMPLOYEES TRAVEL OUT OF TOWN ON BUSINESS

Business travel, an expensive and time-consuming activity for both the employer and employee, also can create tax problems for all concerned unless the rules are followed to the letter. If it’s done right, business travel will be fully deductible by the company (but only 50% of travel meals are deductible), tax-free to the employee, and […]