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I opened a home-based business with a partner two years ago. We frequently make trips to each others homes but also travel to conferences and other events every few months. We're wondering what we can deduct as a commuting expense for travel? Is traveling from one of our homes to the other partner's home considered the commute? From a tax standpoint, we're considered a LLC partnership.
ANSWER
Expert Mark Anderson's Answer:
If you are traveling for business, then it is a valid business expense. You need to make sure that you keep a mileage log. I hope this answers your question. Thank you.
