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TaxTip about Meal and Entertainment Expenses
Posted at Tips from T-ReX by T-ReX Global
April 1st, 2008 1:11 pm
Categorized in: TaxTips
Tagged with: entertainment expenses, meal expenses, taxtips
Starred by: 1 Member
When traveling away from home on business, you may incur expenses for meals and entertainment. You can deduct 50% of meal and entertainment costs incurred when traveling locally, overnight, or long distance for your rental (business) activity.
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