However, if you are a significant shareholder of a smaller-cap company like wireless connectivity provider iPass (nasdaq: IPAS - news - people ) and intend to present a legitimate resolution at the meeting to unlock shareholder value, the cost of getting to California for the meeting would be an allowable deduction.

FORBES: Most Overlooked Deductions

If a home is rented for fewer than 15 days during a tax year, no deduction attributable to the rental activity is allowable, but more importantly, no rental income is included in your taxable income.

FORBES: The Masters: A Tax Break Unlike Any Other