FlyerTalk Forums - View Single Post - Overpay taxes to get extra miles/points?
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Old Jan 8, 2010 | 1:59 pm
  #26  
lifeandmylens
 
Join Date: Oct 2009
Location: Nashville, TN
Posts: 492
Originally Posted by gallardo
If you are a business owner (I am) it should be and might be in other cases as well. I have to ask my accountant if it applies to me.
I just talked to him and it is expensable on my tax returns. However, not in 2009, so any fees I pay for a 2009 Q4 quarterly tax payment would be expensed on my 2010 tax return since I am on a calendar year.

I probably will do it though, even if I don't use all of it for airlines. I checked some SPG properties and there are some great deals on category 2 hotels with redemption ratios of more than 3%.
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