| Type of Expenditure
|
100% |
50% |
0% |
| BUSINESS MEALS |
| "Quiet business meal"
|
|
|
 |
| Lavish and extravagant meal
|
|
|
|
| Lunch with employee, business discussed |
|
|
|
| Lunch with employee, no business discussed |
|
|
|
| Lunch with customer, business discussed |
|
|
|
| Lunch with customer, no business discussed |
|
|
|
| Lunch with customer on your road trip, no business discussed |
| Customer’s meal |
|
|
|
| Your meal |
|
|
|
| Dinner for employee working overtime (if deemed de minimis) |
|
|
|
| Lunch ordered in for staff meeting (if deemed de minimis) |
|
|
|
| Lunch and dinner provided at or near cost to employees at employer-operated cafeteria |
|
|
|
| Dinner for customer and spouse, no one else present |
|
|
|
| Transportation to/from restaurant for business meal |
|
|
|
| ENTERTAINMENT |
| Transportation to/from sporting event |
|
|
|
| Ticket price for sporting event associated with business entertaining |
|
|
|
| Scalper’s premium for tickets |
|
|
|
| Cover charge, taxes and tips |
|
|
|
| Country club dues and fees |
|
|
|
| Country club dues and fees, business meals |
|
|
|
| Golf, business discussed |
|
|
|
| Luncheon club dues |
|
|
|
| Tickets to charitable fund-raising sports event |
|
|
|
| Tickets to non-profit high school or college sports event with paid coaches & referees |
|
|
|
| TRAVEL EXPENSES |
| Transportation and lodging expenses |
|
|
|
| Meals taken alone while away from home |
|
|
|
| Transportation, living and attendance expenses for investment seminar |
|
|
|
| Expenses for travel as form of education |
|
|
|
| Travel for charitable purposes with some personal leisure |
|
|
|
| Per diem reimbursement
up to federal limit |
| Employee |
|
|
|
| Employer |
|
|
|
| Per diem
reimbursement in excess of federal limit |
| Employee |
|
|
|
| Employer |
|
|
|
GRETA P. HICKS, CPA and former IRS manager, concentrates in solutions to IRS problems and advises business and tax professional on IRS policies
and procedures. Ms Hicks is owner of TAX SOLUTIONS, Inc., a company providing
educational materials and programs on solutions to IRS problems and is
a nationally known speaker and writer on solutions to IRS problems. To
arrange for consultation contact:
Greta's web site: http://www.gretahicks.com
