Pit & Quarry, August 2018
Of course if a bona fide business purpose exists for the individuals presence and can be proven a tax deduction might result Incidental services such as keeping notes or assisting in entertaining customers are not enough to make the expenses deductible Generally the travel expenses of someone accompanying an attendee can be deducted if that person is an employee of the business has a bona fide business purpose for the travel and would otherwise be allowed to deduct the travel expenses ConvenTIon TYPes Any crushed stone sand and gravel business clearing the hurdles created by our lawmakers with the proof to support it may deduct the entire cost of sending attendees to a convention show or conference subject to the usual 50 percent limit on meals and entertainment and minus attendees personal expenses However the rules are tighter if the event is held outside North America or on a cruise ship In order to deduct the expense of attending a trade show or convention held outside North America the business must show that the event is directly related to the active conduct of While tax laws limit the business meal deduction to only 50 percent of the expense those rules contain quite a few gray areas the aggregate operation and it is as reasonable for the event to be held outside North America as it is to hold it within North America 300 BOOM TOBREAKER COMBINATIONS CUSTOMIZED TO YOUR SITE POWER YOUR PRODUCTIVITY DECADES OF EXPERIENCE CUSTOMER SERVICE For 60 years BTI has worked with mining aggregate companies to power productivity and break into profitability Whether youre above ground or underground we offer over 12 different model series customized to fit your site for maximum endurance APPLICATIONS Primary crushers grizzlies draw points stopes www rockbreaker com pitandquarry com August 2018 PIT QUARRY 65 Istock com poba
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