Hi,
my current job (on W2) requires me to travel a lot and for which I have to maintain a separate car, stay at hotels, eat out, gas expenses. I am also using a portion of my house as my office (due to covid).
are there any tax exemptions on W2 that I can benefit from? as an example, let's say my company pays me $100, can they split $20 for a car allowance and $80 as a salary.
Thanks in advance
my current job (on W2) requires me to travel a lot and for which I have to maintain a separate car, stay at hotels, eat out, gas expenses. I am also using a portion of my house as my office (due to covid).
are there any tax exemptions on W2 that I can benefit from? as an example, let's say my company pays me $100, can they split $20 for a car allowance and $80 as a salary.
Thanks in advance