Quote:
Originally Posted by Rochard
Did something change in the tax code where it is no longer legal to expense out a meal for business reasons? I am out of the country right now on a business trip - I am surely not here on pleasure - and I'll write off every meal I have here.
I don't write off breakfast every morning - that was a over statement - but if you don't think corporate America doesn't write off catered breakfasts for meetings and lunches, you are kidding yourself.
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My accountant says only 50% - and you need the receipt with notes on the meeting in case of an audit.