Submitting Travel Expense Reimbursement Claim forms to their supervisor: a. The actual cost of air, train, or bus fare between your home and your business destination is deductible.If you're traveling for business, you can deduct up to half of the cost of your meals as long as they're not "lavish or extravagant." Nevada wage and hour laws do not require private employers to reimburse employees for business-related travel expenses, but many do anyway. This form is used to document the estimated LEAST EXPENSIVE METHOD of travel. Employers can deduct travel expenses paid or incurred during a temporary work assignment if the assignment length does not exceed one year. , and Eliot Thomas, Esq. Business travel is tax deductible! Every dollar you spend on travel related to your business may help you legally save on taxes.