LODGING EXPENSES
An extra charge imposed by a lodging provider for an overnight stay, typically in a hotel, which can be taken as a Federal income tax deduction if the Internal Revenue Service’s standard are met. Usually a business expense, it is incurred when an individual must go away for an out-of-town business trip. Although IRS does not set a specific amount that can be reduced for lodging expenses, some criteria must be complied for the expense to be tax deductible.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
