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Old 06-23-2008, 07:56 PM
Phil Marti
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Default Re: Board of Directors

"R. Pile" wrote:

- quote -

> Individual is on the Board of Directors for the local community
> college. She receives no stipend, salary or other compensation for
> that job, but she is required to attend Board meetings, graduation
> ceremonies and an annual out-of-town overnight retreat. She drives
> about 600 miles a year for these events. Can she claim mileage and
> the cost of food and lodging at the retreat as business expenses?


Nothing as a business expense, but possibly a charitable contribution. See
out of pocket expenses in Publication 526.

--
Phil Marti
Clarksburg, MD

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
  #-1  
Old 06-23-2008, 07:20 PM
R. Pile
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Posts: n/a
Default Board of Directors


Individual is on the Board of Directors for the local community
college. She receives no stipend, salary or other compensation for
that job, but she is required to attend Board meetings, graduation
ceremonies and an annual out-of-town overnight retreat. She drives
about 600 miles a year for these events. Can she claim mileage and
the cost of food and lodging at the retreat as business expenses?

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 

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