Recently I discovered a way to deduct my family’s vacation from my small business taxes. I started a home based travel business. This provides me with many tax deductions. As a tax accountant this immediately got my attention.
1. Pictures and Videos While visiting a travel destination my family and I will take pictures and make videos. Since I have an unincorporated home based travel business through Travelencia I can hire my family while we are on vacation.
2. Hire Your Child For An Itinerary. Natalie is 12 and loves to make arrangements. Hence, I will hire her to do the vacation itinerary. My only instructions are to choose places that are fun and that will provide an excellent back drop to our pictures and videos. Since she is almost a teenager fun is her middle name.
3. Who Do You Call? After the trip itinerary is completed my wife puts a call into Travelencia. Here she makes all the arrangements. Our credit card stays in our wallets because Travelencia has 0% layaway financing.
4. Grips Anyone? Joseph (14) and Joshua (10) will be in charge of all the video and camera equipment. They will make sure it is in good working order with batteries charged. While traveling from place to place they are also responsible for setting up and taking down the equipment when we shoot videos and take pictures.
5. Marketing. After the trip is over we will all help with the videos and pictures. We upload them to YouTube.com for free. This is usually quite easy. Sometimes we will add a soundtrack to our pictures or videos. We will add our contact information so others can start making money from home like we are.
6. Marketing Support. Infinite Potential is a new free to join forum. Here I post a link for our pictures and or videos in the “Support My Marketing Efforts” section. This will create traffic to our website where other people can learn to do the same.
Everyone should have a small business for no other reason than to have more deductions. Hiring your family and structuring taking planning but is not difficult.























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