Nowadays business travel is common occurrence. But do you believe it or not, employers are not required to pay for their travel-related costs or to give you daily awards. But most of them do it for good business practice because the roads you offer benefit them. Each company has its own policy on this issue, so we always clarify with the employer what costs they are covering. As long as you are away, organize all your business travel expenses so you do not lose money for work.
Some strategies can be applied to your lifestyle:
An e-mail label or folder that stores all your online earnings, for example confirmation of flight / hotel booking. You can also find Excel spreadsheet templates online for logging your edits. Save and scan your earnings at the end of your trip and email all the information and cost-report reports to your employer.
The Gadget Guru
Your smartphone is an extremely powerful tool for tracking your costs. Some applications allow you to capture your revenue, logging costs, and report at a time with your photos. Some promising applications include Expensify (iPhone, Android), ProOnGo (iPhone, Android, Blackberry) and Expense Log Pro (Blackberry). There are also absent ones for those who will drive.
If you are more comfortable doing the old way, keep the envelope with the travel dates and destinations in your hand. Insert all your earnings into a printed spreadsheet. Look at the end of each day, write down where it was, and if necessary, make detailed notes about your purchases.
What if your employer does not reimburse travel expenses? Everything will not be lost because the government will get rid of this issue. If you order your Personal Income Tax Refunds, you can claim the A-Day on Form 1040. See topic 511 on the details of the eligible costs on the IRS website.
Source by JW Sym