Can Small Business Owners Deduct Spouse Travel? Here's how to do it correctly! скачать в хорошем качестве

Can Small Business Owners Deduct Spouse Travel? Here's how to do it correctly!

Are you a small business owner, S-corp shareholder, or partner wondering: 👉 Can I deduct my spouse’s travel expenses? 👉 What if my spouse isn’t an employee? 👉 How much of a business trip is actually deductible? 👉 Are meals still 100% deductible in 2026? In this video, Ying Sa, CPA, will breakdown, we explain the real IRS rules under IRC §162 and §274 and what changed post-pandemic. 🔎 What You’ll Learn in This Video: ✔ The “ordinary and necessary” rule for business travel ✔ When a spouse’s travel IS deductible ✔ What qualifies as a bona fide business purpose ✔ Why goodwill and social hosting usually don’t qualify ✔ How to allocate lodging costs correctly ✔ Car travel vs. airfare deduction differences ✔ 2026 meal deduction rules (spoiler: not 100%) ✔ S-Corp accountable plan requirements ✔ Foreign travel allocation rules most CPAs forget ✔ Documentation requirements under §274(d) 💼 Who This Is For: Small business owners S-Corporation shareholders Partnerships & LLC members Real estate investors Entrepreneurs attending conferences Professionals traveling with family If you travel for business and occasionally bring your spouse or children, this video can save you from a costly IRS mistake. ⚖️ 2026 Tax Law Update Highlights: • Business meals are generally 50% deductible • Entertainment remains nondeductible • Spouse travel must meet strict employee + business purpose tests • Only incremental lodging costs are disallowed • Improper S-corp reimbursements may create taxable compensation The IRS continues to scrutinize travel deductions — documentation is critical. 📚 Tax Code References Covered: IRC §162 (Ordinary & Necessary Expenses) IRC §274 (Travel & Substantiation Rules) Treasury Reg. 1.162-2 Treasury Reg. 1.274-5 🛑 Common Costly Mistakes ❌ Writing off your spouse’s airfare ❌ Deducting sightseeing days ❌ Reimbursing personal travel through your S-corp ❌ Forgetting foreign travel allocation rules ❌ Missing accountable plan documentation 👇 Comment Below Have you ever brought your spouse on a business trip? Was it for business or mostly personal? Drop your scenario in the comments — we may cover it in a future video. If you’re serious about lowering taxes legally and avoiding audit triggers, this channel is for you. small business travel deduction 2026, spouse travel tax deduction, S corp travel rules, business trip write off IRS, accountable plan reimbursement, IRC 162 explained, IRC 274 travel rules, deduct business meals 2026, spouse airfare deduction rules, business travel audit risk FOLLOW US ------------------------------------------------ 🔔 Subscribe and click the bell to get notified - https://tinyurl.com/ybeve989 📘 Schedule a consultation or a Free Discovery Call: www.communitycpa.com/appointments ABOUT COMMUNITY CPA ------------------------------------------------ Community CPA is a firm specializing in growing small and mid-sized businesses. We are your next-level CPA firm and your trusted advisors who speak your language. Contact us for accounting, advisory & legal, audit and attest, payroll, taxation. Email: info@communitycpa.com LOCATIONS: Community CPA - Des Moines 3816 Ingersoll Ave. Des Moines, Iowa 50312 Call: (515) 288-3188 Community CPA - Coralville/Iowa City 2421 Coral Ct. Suite 1 Coralville, Iowa 52241 Call: (319) 208-3712 Community CPA - Minneapolis, MN 8722 Lyndale Ave S, Ste 104 Minneapolis, MN 55420 Call: (612) 808-9418 Houston Office 4740 Ingersoll Street, Ste 200 Houston, TX 77027 Call: (713) 609-9679 Disclaimer: CommunityCPA, as part of our services to our valued clients, is providing these seminars in order for businesses to cope with the current pandemic. We are not responsible for any damages the attendees or viewers may suffer as a result of following any of the advice or information provided. Although we are doing our best to stay informed, the current situation is very dynamic and the information could change at any time without any notice. Our information and advice is not legal in nature and should not be construed as such. Please consult your legal counsel if you should need any legal advice.