Monday, December 20, 2010

Christmas on a Cruise Ship and a Tax Deduction


How do you put Christmas on a cruise ship together with a tax deduction?

First. Do you have a home-based business? Also, are you Canadian?

Second. Will you be doing business while on the cruise? For example, will the company you represent be holding meetings and trainings during that time? Will you be speaking to other people on the cruise about your business?

Third. Are you actively building a home-based business throughout the year?

In Canada, your trip can be a tax deduction. Check for details with your tax professional.