Ask an AI Accountant

A free tool by

Question
Hi! I have a travel channel where I review different hotels and restaurants. If I'm on a trip where I create content, can I count it as a business trip and deduct all my expenses for it?
AI accountant’s answer:

Yes, if you're engaging in business-related activities on your trip, like creating content for your travel channel, you may be able to deduct some or all of your expenses. However, there are specific rules and limitations you need to keep in mind. In general, to qualify for a business travel deduction, you must meet the following conditions: 1. The primary purpose of the trip must be for business, and the expenses must be ordinary and necessary for your business. 2. You must substantiate your expenses with adequate records or sufficient evidence, such as receipts or invoices, that show the amount, date, and business purpose of the expense. You may be able to deduct expenses such as transportation, lodging, and meals if they are directly related to your business activities. However, if your trip includes a mix of business and personal activities, you may only deduct the expenses related to the business portion of your trip. Keep in mind that there are strict requirements for deducting meals and entertainment expenses, and you can typically only deduct 50% of these costs. It's essential to maintain detailed records of your expenses and the business purpose of your trip to substantiate your deductions. As tax laws can be complex, it's always a good idea to consult with a tax professional to ensure you're correctly applying the rules and maximizing your deductions.

Comment from reviewer
Isaiah McCoy, CPA
Not Correct.
Icon check
Looks good

Keeper’s AI Accountant

This AI accountant is powered by GPT-4, but has up-to-date knowledge of tax law. It’s been trained on federal and state tax updates for 2023. With credentialed tax professionals fact-checking its responses, it applies IRS rules to real-world situations.

Find write-offs.
File taxes.

Keeper helps independent contractors and freelancers discover tax deductions and file taxes.

Get started

Ask an AI Accountant

A free tool by

Question
This is some text inside of a div block.
AI accountant’s answer:

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Comment from reviewer
This is some text inside of a div block.

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Not Correct.
Icon check
Looks good

Keeper’s AI Accountant

This AI accountant is powered by GPT-4, but has up-to-date knowledge of tax law. It’s been trained on federal and state tax updates for 2023. With credentialed tax professionals fact-checking its responses, it applies IRS rules to real-world situations.

Find write-offs.
File taxes.

Keeper helps independent contractors and freelancers discover tax deductions and file taxes.

Get started