World Travel Made Easy With Itinerary Boss

Are Credit Card Points Taxable? Best Practices for Business Owners, Investors, and Side Hustlers with CPA Rachel Earl


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In episode 114 of World Travel Made Easy With Itinerary Boss, CPA and points enthusiast Rachel Earl joins Ross to clear up the confusion around Credit Card Points and taxes for business owners, side hustlers, and real estate investors. From statement credits to partnership distributions, Rachel explains how to enjoy Credit Card Points without triggering surprise tax issues.


You will learn when redeemed rewards are taxable, why statement credits can raise your net income, and how to keep personal and business spending clean in your books. We cover S corp vs LLC considerations, meal and travel documentation, mileage logs, referral 1099s, bank bonus interest, and annual fee treatment. With simple systems like QuickBooks or Excel, you can track costs, reconcile accounts, and maximize Credit Card Points the right way. If you love Points & Miles but want to stay compliant, this is your playbook. Subscribe to never miss an episode.


Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

itineraryboss.com


Credit Card Resources:

Points and Miles Cheat Sheet

Best Credit Cards for Travel

Bonus Offer Notifications

Transfer Bonus Notifications

Mesa HomeOwners Card: Use code KWHDBY to earn 5,000 bonus points

 

Favorite Travel & Points Tools:

TravelPayouts: Turn your trips into income and earn!

Gondola AI: Find better hotels, earn more points, travel for free!

Rakuten: Earn cash back/rewards on every purchase!

Seats.aero: Discover the best flights for your points

SaveWise: Maximize Cashback, Miles, & Points

AwardWallet: Organize & track your points and miles

CardPointers: Earn more from your credit cards daily

 

Our Favorite Daily Personal & Business Tools:

Kit: Grow and monetize your email list

⁠⁠⁠⁠⁠⁠⁠⁠⁠ClickUp⁠⁠⁠⁠⁠⁠⁠⁠⁠: Stay organized and master projects

Function Health: Optimize your health, explore the world!

Rachel’s Social Media:

LinkedIn


Itinerary Boss Socials:

LinkedIn

⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Pinterest⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠Facebook ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠ 


⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Itinerary Boss LLC has affiliate partners and some of these are affiliate links. This means that if you click on the link and purchase the item, we will receive an affiliate commission at no extra cost to you. We only recommend products or services we believe will add value to our listeners.

 

Disclaimer: The information provided by Itinerary Boss is for informational purposes only. We are not responsible for any outcomes, including injuries, damages, or losses, related to your travel plans. All travel is undertaken at your own risk, and Itinerary Boss assumes no liability for third-party services or actions.

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World Travel Made Easy With Itinerary BossBy Ross Alcorn

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