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Business Entertainment, Meals, and Travel Records

10/29/2015

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The IRS requires detail records or travel, meals, and entertainment.  For each expense you must document five elements  1.  Date   2.  Amount   3.  Place  4.  Business Purpose   and %.  Business relationship.  Get in the habit of making notes of these 5 items on your receipt.   #Meals  #Tax #Deduction
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