Meals and Entertainment Expense Records

Keeping Track of Your Meals and Expense Deductions is Important In a recent case, the Tax Court denied all of a Florida taxpayer’s meals and entertainment expenses due to poor recordkeeping. (Windham, TCMemo 2017-68) If you are audited by the IRS relative to your business meals and entertainment deductions, you will need to show the [...]

By | 2017-08-15T21:38:17+00:00 August 15th, 2017|Deductions, Tax Credits, Uncategorized|0 Comments