Luxury water travel deductions on a yacht or other luxury boat require tax knowledge. Tax law treats entertainment facilities harshly, so you need to consider providing no business entertainment. If you would like to discuss your possible yacht deductions,
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Spencer Accounting Group, LLC does not provide investment, tax, legal, or retirement advice or recommendations in these blogs. The information presented here is not specific to any individual's personal circumstances.
Keana Spencer is an Accountant, Entrepreneur, and Educator to her clients, with a strong passion. Keana has over 10 years of experience and through her practice, she is a source of knowledge and strategies to her clients.