People...
Jay Honeck wrote:
One thing to think about: Many of your visitors are, I expect, on business
trips. The IRS allows (1040, Schedule C) lodging expenses to be fully
deducted, but only 50% of meals. So to business travelers, meals provided
(e.g continental breakfasts) fall under "lodging", and are fully deductable,
making them more valuable than you would otherwise think.- Hide quoted text -
Hmm. I'll bet very few people know about *that* little loophole...
Really? You think it is coincidence that almost every motel in the US
now "includes" breakfast as part of the room charge? :-)
Matt
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