How to Turn Summer Travel into More Business and Less Taxes
According to a recent Bankrate survey, fewer than half of Americans plan to travel this summer. Among those staying home, most cite cost as the main reason.
That's a missed opportunity.
Travel isn't just a luxury — it's a strategic tool. For entrepreneurs, stepping outside the day-to-day grind creates space to think creatively, meet new people and gain the fresh perspective that fuels innovation. One good conversation or idea sparked on the road could become your next big business move.
Here's the best part: if you're strategic, you can align your travel with your business goals — and potentially write off a portion of the cost. The IRS allows business owners to deduct legitimate business-related travel expenses. With the right planning, your summer getaway can double as a business trip that moves your company forward.
Related: A Business Owner's Guide to Maximizing Summer........© Entrepreneur
