Translations from Your Trusted Advisor.
QuickBooks has a multitude of keyboard shortcuts for the person who wants to speed up their accounting as much as possible. The following is a list of handy shortcuts for entering transactions and opening various screens in the desktop version of QuickBooks.
Sandi Nedeau, CPA •
Deducting travel expenses is not just for the self-employed. Taxpayers classified as employees can also deduct travel expenses if they are required to travel for their job and are not reimbursed or are only partially reimbursed for travel expense by their employer.
Travel expenses are one of the most frequently claimed work-related deductions. In most cases employers reimburse employees for work-related travel expense because it is a business deduction. In those cases where the employee is not reimbursed for work-related travel, eligible travel expenses can be claimed on Form 2106 and included with the taxpayer’s itemized deductions.