From: "fantaz" <fantaz@gateway.net>
To: <Skistz@aol.com>
Subject: Re: Air fare from DIA; Cruising & Ballooning
Date: Sat, 12 Jun 1999 02:08:15 -0400


-----Original Message-----
From: Skistz@aol.com <Skistz@aol.com>
To: fantaz@gateway.net <fantaz@gateway.net>
Date: Tuesday, June 08, 1999 12:52 AM
Subject: Re: Air fare from DIA; Cruising & Ballooning


>We have taken cruises several times with our family and have to admit that
>they are a lot of fun.  Learning and cruising is a great concept.
>We had jokingly asked our accountant about organizing what we thought would
>be a deductable business trip on a ship and he mentioned it could not be
>considered a tax deductable expence.
>One of the guidelines was based upon were (country) the ship is registered.
>Having  a great memory about this last tax season, would you know if the
>cruise is deductable or what part is and what is not deductable?
>It might help knowing  what the tax benefit is or is not, and would you
post
>them?
>Thanks,
>Jim Skistimas
>The Balloon House Design Studio™
>
Hi Jim,
I called the IRS on this question.  I was told that the seminar portion of
the cruise may be deductible if educational expenses are to maintain or
improve skills required in your present job or business, they would not be
deductible if you are gaining skills to enter into a new trade or business.
Educational expenses incurred during vacation or absence from your present
job or business may be deductible if you return to the same kind of work or
business.  For more indepth info on this topic call the I.RS., it took
forever to navigate a telephone maze but I finally managed to get a real
live person to talk to.

The deposit due date is approaching quickly (June 15th).  At this point only
inside cabins are left.  I hope the above info helps and hope to meet you on
the high seas!

Denise Bennett-Parris
Fantasy Event Productions
6 Bruce Court
Selden, NY  11784
(516)698-4019,  (516)696-7036