The so-called New Normal hasn’t done any favors to many industries outside of the hand-sanitizer and food delivery ones. The travel industry has (somewhat understandably, given the crisis) taken some of the biggest hits, with lodging being no exception. Staggering numbers surround the hotel and hostel field, with an estimated $400 million in room revenue […]
Travel
What Businesses Need to Know About Travel Insurance After the Pandemic
Traveling is riskier than ever, and so businesses and workers are turning to travel insurance to attempt to cover the cost. But while travel insurance has seemingly become more important, some travelers are shocked to discover that their insurance will not cover expected expenses, particularly anything related to COVID-19. The New York Times in June […]
Coronavirus: How is It Disrupting Your Industry?
If you’ve watched the news at all in 2020, you’re probably at least a little concerned about the coronavirus. The first case of the virus was in Wuhan, China. Since then, it’s spread to many countries, including the United States. Photo by Macau Photo Agency on Unsplash For most people, the main thing they’re concerned about is catching […]
Build a Business Based on Your Love of Travel
The idea of building a business based on a passion appeals to many. If you have something that already drives you to want to do more, it can be a great way to push yourself in business. Travel lovers often want to explore the idea of using their passion to build a business, especially if […]
An Expert Convention Packing List: How to Travel Like a Pro
Got a trade show or conference coming up? Whether it’s your first or five hundred and first, planning ahead and being prepared are key to getting the most of your experience. This is why the QBO Connector group held a webinar focused on those final details that go into preparing for a conference. In this […]
The Best and Worst of Air Travel for Entrepreneurs
Every entrepreneur gets to the point where flying is absolutely necessary. There’s a conference to attend or an out-of-state client to meet, and suddenly Hipmunk and Kayak are getting workouts as you book some business travel. But before booking a flight, it’s important to know which airlines—yes, airlines—will provide a comfortable, energizing experience that includes […]
5 Tips for Online Privacy During Your Next Business Trip
There are a lot of components that go into leisure traveling, but business traveling can be a whole different ball game. Not only do you have to pay attention to making your flight, finding your hotel, and getting to your meetings on time after 12+ hours of travel. but you also need to make sure […]
Business Deductions for Meal, Vehicle, and Travel Expenses: Document, Document, Document!
Meal, vehicle and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could find your deductions denied by the IRS. An Important Requirement Subject to various rules and limits, business meal (generally 50%), vehicle and travel expenses may be deductible, whether you pay for the expenses directly or […]
How Travel Can Fuel Your Business and Professional Development
It’s never been easier to travel now that airfares have dropped and remote work offers more people the flexibility to travel. If you’ve ever been jealous of the glossy pictures you see on Instagram of exotic destinations, you’re definitely not alone. But wanderlust alone isn’t the only reason to dust off your passport. Travel can […]
Can You Deduct Business Travel When It’s Combined with Vacation?
At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a business trip with a vacation to offset some of the cost with a tax deduction can sound appealing. But tread carefully, or you might not be eligible for the deduction you’re expecting. General Rules Business […]
