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Tag: Vacation

How to Deduct Your Vacation

It is almost summer and many people will be thinking about traveling. If you plan it right you might even be able to deduct a good part of your trip. Travel Primarily For Business The IRS says that travel primarily for business is fully deductible. If you take a trip that is primarily...  Read More

Tax Breaks for Vacation Homes

It’s almost summer and if you are thinking about buying a vacation home you might be wondering what the tax ramifications are. Some expenses, including mortgage interest and real estate taxes, are generally deductible on Schedule A the same way they are for primary homes. You will nee...  Read More