Do you need a travel stipend to help fund your travels? If so, are you required to report it as income on your tax return? A travel stipend is an allowance or payment made to a worker to cover the costs of traveling away from home. Generally, travel stipends are not considered taxable income. It’s no secret that many businesses require travel. Whether it’s for sales calls, client meetings, or conferences, business travel can be a significant expense. Fortunately, there are a number of mobile business ideas that can help offset the cost of travel stipend taxes by managing ...Read more
