allowance, or you can deduct 50% of the cost of meals directly related to
the active conduct of your business, that are not lavish or extravagant,
and for which you or an employee were present. DOT = truckers, pilots, etc.
if you furnish meals for an employee you can deduct 100% of that if you
treat it as wages and withhold tax....
I decided not to mess with it.
Dana
Jeffry Houser writes:
> I usually deduct all "meals" that I eat either with clients or when I'm
> on-site at a client location.
> In the past this number has usually been low (under $200). This year
> I've been doing a lot of on-site work, so it'll probably be much higher.
> I understand that this is one of the items that could be a flag for the
> IRS.
>
>
> At 08:05 AM 10/17/2003 -0500, you wrote:
> >Subject: Texas corporation question
> >From: "Dana Tierney" <[EMAIL PROTECTED]>
> >Date: Fri, 17 Oct 2003 11:46:31 GMT
> >Thread:
> >http://www.houseoffusion.com/cf_lists/index.cfm?method=messages&threadid=10104&forumid=5#92458
> >
> >Business meals may be partially deductible if they are "reasonable and
> >usual" for your type of business. Percent varies by circumstances.
>
>
>
> --
> Jeffry Houser, Web Developer <mailto:[EMAIL PROTECTED]>
> Aaron Skye, Guitarist / Songwriter <mailto:[EMAIL PROTECTED]>
> --
> AIM: Reboog711 | Phone: 1-203-379-0773
> --
> My Books: <http://www.instantcoldfusion.com>
> Recording Music: <http://www.fcfstudios.com>
> Original Energetic Acoustic Rock: <http://www.farcryfly.com>
>
>
>
[Todays Threads] [This Message] [Subscription] [Fast Unsubscribe] [User Settings]
