I have an LLC with S corp tax provisions. I am a physician who covers a small hospital for a few days a month as my business. My wife is half owner and does book keeping and payroll and gets paid a salary.
Currently I keep track of receipts while I’m out here so that I can write off my meals and coffee during work days. If I buy scrubs I keep those receipts. I also utilize home office deduction.
Is it complicated to sign up for a medical conference as a business expense? I would hope my wife as part owner could join as well. Would I just keep these receipts and include expenses (flight, hotel, rental car, food) as part of my business expenses when doing my taxes?
How would getting a car for my business work? I will soon by starting another side gig as a physician which may have me working 7-10 days a month so I will be driving a lot more.
Anything else I could be looking into to lower my taxable income or produce tax benefits?
