All medical professionals love a medical conference because it’s a tax deduction. But is it really a tax deduction?
Here’s why you should listen:
- It’s not the expense that is questioned. It is the intention. Intention determines if you get a tax deduction or not. This podcast helps you to identify what your intention was.
- Does it matter who organises the conference? If it the AMA, you should be Ok. Your doctor mate who happens to be a sleep specialist – maybe not.
- Why conferences on a cruise is unlikely to pass the test
- Don’t assume just because your spouse works for you their costs are covered
- What can be claimed? What cannot be claimed? It really is not that complicated