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Meals and Entertainment Expenses

Meals and entertainment expenses are generally only 50% deductible, and provided the expenses are ordinary and necessary, have a business purpose and have proper documentation, there should be no issues surviving an IRS audit.

2 minute read December 31, 2013 at 11:00 PM
By
Jacob Weichholz
Meals and Entertainment Expenses

Meals and entertainment expenses are generally only 50% deductible, and provided the expenses are ordinary and necessary, have a business purpose and have proper documentation, there should be no issues surviving an IRS audit.

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