Convention Expenses

Expenses incurred when a person attends a business-related convention. For example, if a dentist travels to another location to attend an American Dental Association meeting, lodging, meals, and transportation costs usually count as convention expenses. One may deduct convention expenses from one's taxable income, provided they are, in fact, directly related to business. For this reason, convention expenses are somewhat controversial; some companies, for example, book a business meeting at a major resort and then deduct the entire cost. Whether or not this is an actual convention expense is a source of debate.

Convention Expenses

Travel expenses incurred in attending a convention are deductible if the meetings are related to a taxpayer's trade or business or job-related activities. If, however, the convention trip is primarily for pleasure or for investment purposes, no deduction for travel expenses is permitted. Limitations may apply to foreign convention expenses.

References in periodicals archive

This is especially true if the budding professional needs to pay their student loans as well as their convention expenses. Ameritech Financial (Ameritech), a document preparation company that assists student loan borrowers with federal repayment plan applications, may be able to help borrowers who want to repay their bills and go to conventions.

Loans can make cost of admission unlikely

"An association generates 70 - 80 percent of its annual revenue for its operating budget through registration fees and other convention expenses. If they see numbers drop because the convention is booked in a place with no alcohol and no diversity, they'll stop coming here."

Floonis to grow: Rooms to grow

Fees and Funds Administrators Convention Expenses, $4.22

Bumping up the bill for the boob tube

To do this, that individual must be a company employee, have a bona fide business purpose for the trip, and would otherwise be allowed to deduct the convention expenses.

Travel Bonus

(16) Per FEC regulations, permissible PECF convention expenses include items such as:

Federal funding of presidential nominating conventions: overview and policy options

If you serve as a Board Member much of your state convention expenses are reimbursed (now you are really ahead).

Its your turn to step up and be counted

That means black groups end up shelling out millions of dollars in convention expenses that could be saved or used to train staff to bargain for the best deals.

Leveraging our conference dollars: African Americas are the convention industry's biggest customers--to the tune of $5.6 billion. It's time we flexed our collective muscle and cashed in on some benefits. (Consumer Empowerment)

Kelly Hawes noted that convention expenses would be covered despite the Post's non-participation.

SPJ National Convention report

Those, in particular, who have their membership and convention expenses paid by their newspaper or broadcast station, might want to make a personal donation to this great organization, and to its future."

Bovee challenges members to support NCEW Foundation

The Canadian government's response to concerns of industry and association executives makes Canada the only country with a value-added tax to offer a GST rebate on accommodation and convention expenses, according to Canada's Federal Tourism Minister Tom Hockin.

Diffusing Canada's goods & services tax