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Tax Reduction Expert Shows How Education Travel Can Be Business Tax Deductible
San Rafael, CA
Thursday, October 01, 2009
Tax Reduction Expert Murray Bradford has helped more than half a million small business owners save on their taxes.
Tax Reduction Expert Murray Bradford has helped more than half a million small business owners save on their taxes.
 
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(SAN RAFAEL, Calif. - Oct. 1, 2009 - Tax Reduction Letter) Some activities associated with travel related to education are tax deductible as business expenses, according to tax reduction expert Murray Bradford. "Tax Deductions for Education Trip to the Bahamas," an article of his from the August 2009 issue of Tax Reduction Letter, details the tax rules taxpayers must follow to realize the greatest tax savings possible from their education-related travel. The last six months' worth of tax reduction articles from the Tax Reduction Letterare available to anyone who elects to register for a 7-day free trial of the Bradford Tax Institute. Articles dating back several years are available to full subscribers

"Often, education travel is deductible under the umbrella of business travel because the education is related to business," said Bradford, whose expertise in tax reduction comes from 30 years in accounting, including a lengthy stay at Price Waterhouse. "Continuing education related to one's profession is a prime example. In these cases, generally, the rules for business travel apply."

Publisher of the Tax Reduction Letter every month, tax reduction expert Murray Bradford, CPA, has years of experience in developing and implementing small business tax reduction strategies. A former accountant for Price Waterhouse, Bradford is founder of several tax reduction strategy businesses. Quoted in national publications such as The Wall Street Journal and featured on national programming such as Financial News Network and CNBC, Bradford has helped more than 500,000 self-employed taxpayers realize an average of $17,700 in new tax deductions. His popular courses provide actionable small business tax advice

Using as an example a Tax Reduction Lettersubscriber's trip to the Bahamas for continuing education, Bradford shows how three tax rules can apply in the taxpayer's favor:

1) The North American area test
2) The foreign travel transportation rule
3) The daily test for a deductible business day

Bradford's article shares the details. An important criterion that allows a taxpayer to deduct 100 percent of airfare, for instance, is if he or she can prove that at least 75 percent of the days related to the travel were days of work

"With many questions regarding tax reduction, thresholds apply that determine whether or not an activity is tax deductible," said Bradford. "In this way, travel related to education is no different. The key takeaway is that taxpayers must remain vigilant in identifying all the opportunities they have to claim deductions on their tax returns. The IRS will not point these out for them, and this is why a tax reduction website filled with the information they need is a much-needed resource for small business owners."

Taxpayers and tax professionals can view a Bradford Tax Institute video tutorial and learn how to gain access to nearly 400 Tax Reduction Letter articles at the site, with more on the way. Each presents tax reduction tips in plain English for tax laypeople and includes annotations for savvy accounting professionals. The last three issues are available through a 7-day free trial of the Bradford Tax Institute. Readers who decide to subscribe to the Tax Reduction Letter right now, however, receive immediate access to the entire archive

"Tax Strategies for the Self-Employed (2009)" is also available. In this annual course, Bradford shares tax deduction tips designed to help one-owner and husband-and-wife businesses navigate the maze of rules they must follow to properly determine and report their income. Readers who order this tax reduction course immediately gain access to 171 tax lowering strategies that draw on Bradford's expertise from 30 years in accounting

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About Murray Bradford, CPA, Tax Reduction Expert
Tax reduction expert Murray Bradford, certified public accountant and publisher of the monthly Tax Reduction Letter, has years of experience in developing and implementing small business tax reduction strategies. Bradford Tax Institute, his website, is home to a vast archive of Bradford's articles from the Tax Reduction Letter. Following nine years at Price Waterhouse, where he twice enjoyed the distinction of being selected to serve in the firm's Washington, D.C. national office, Bradford launched his tax reduction strategies businesses to focus on lowering taxes for one-owner and husband-and-wife businesses. Bradford has since helped more than 500,000 self-employed taxpayers realize an average of $17,700 in new tax deductions. His courses, including "Murray Bradford's Tax Strategies for the Self-Employed (2009)," are veritable goldmines of actionable small business tax advice. The news media regularly turn to Bradford for his tax strategy expertise, which he has shared in print publications and on radio and television programming, such as "CBS News Nightwatch," Financial News Network, KCBS, KGO-TV, KGO-radio, WFAN, WABC-TV, Fox, NPR, CNBC, The Wall Street Journal, The New York Times, Changing Times, Chicago Tribune, Money, Fortune and USA Today. A former Marine and author of several books, Bradford is an active member of the American Institute of Certified Public Accountants, the California Society of CPAs, the Minnesota Society of CPAs, and the Greater Washington, D.C. Society of CPAs

Readers may turn to Bradford's TaxStrategies Blog (taxstrategies.wordpress.com/) and YouTube page (youtube.com/user/taxreductionexpert) for his latest thinking on matters tax-related. Anyone may follow Bradford on Twitter (twitter.com/taxreductioncpa), visit his profile on Facebook (profile.to/taxreductioncpa), and connect with him on LinkedIn (linkedincom/in/murraybradfordcpa)

The media may contact the following individuals:

Kelly Clark
Regional Resource Manager, Tax Reduction Letter
7 Mount Lassen Dr., Ste. C258
San Rafael, CA 94903
kclark AT bradfordandcompany DOT com
PHONE: 415-446-4340
FAX: 415-446-0127

Brent W. Skinner
President & CEO of STETrevisions
PHONE: 617-875-4859
FAX: 866-663-6557
BrentSkinner AT STETrevisions DOT com
STETrevisions.com
brentskinner.blogspot.com
twitter.com/brentskinner

 
Murray Bradford
Tax Reduction Expert
Bradford Tax Institute
San Rafael, CA
415-446-4340
415-446-0127
 
 
Second Url: TaxStrategies Blog
 
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