Biz Write-Offs LogoBiz Write-Offs

Company retreat

$5,000-$100,000

Can You Write Off Company Retreat?

Short answer: Yes when it's a business meeting with an agenda; travel and lodging are deductible, and meals are generally 50%.

Recreation-only trips look like entertainment. Keep the agenda.

Records to keep: Keep receipts or invoices, proof of payment, and a short note of the business purpose.