Business deductions for meal, vehicle and travel expenses: Document, document, document
Meal, vehicle, and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could find your deductions denied by the IRS. A critical requirement Subject to various rules and limits, business meal (generally 50%), vehicle and travel expenses may be deductible, whether you pay for the expenses directly or […]
Business deductions for meal, vehicle and travel expenses: Document, document, document Read More »