Awasome Can I Deduct A Cruise As A Business Expense References. Web any water vessels that sail are considered “cruise ships” regardless of ship size. You can deduct your travel expenses when you attend a convention if you can show that your attendance benefits your trade or business.
The meeting is directly related to your trade or business, the cruise. With really no questions asked, the irs allows taxpayers to deduct up to $2,000 a year is allowed for attending cruise ship conventions or business trips if all the ports of call are in the u.s. Possessions and if the ship is registered in the u.s.
