Travel and Lodging Expenses Law and Legal Definition
Travel and lodging expenses means regular and essential business operating expense incurred by a person when he/she traveling away from the home for business purpose or in the capacity of an employee. Lodging expense is a federal income tax deduction item, if it met the conditions of Internal Revenue Service. Costs for an overnight stay are usually treated as a business expense.
Legal Definition list
Related Legal Terms
- 21st Century Nanotechnology Research and Development Act of 2003
- 3-A Sanitary Standards and Accepted Practice
- 3-Way Incandescent Lamp
- 480th Intelligence, Surveillance and Reconnaissance Wing
- 70th Intelligence, Surveillance and Reconnaissance Wing
- Abandon
- Abandon [Shipping]
- Abandoned Infant
- Abandoned Mark
- Abandoned Mined Lands