Not so fast! Don’t automatically assume that the IRS won’t let you deduct the cost of a business meal with your spouse.
If you know how to handle things the right way, you can enjoy a leisurely dinner with your wife or husband and let Uncle Sam pick up the tab!
How can you overcome the IRS’s “no deduction for personal, family, or living expenses rule”?
You’ll find out when you read my new article titled Tax Tips: Tricks to Deducting Meals with Your Spouse. Bon Appétit!
Three ways our fact-filled article can help you:
- You’ll learn how to overcome the IRS’s skepticism. It’s true. You do face a “heavy burden” of proof if the IRS comes calling. You have to prove that your business deductions for “inherently personal expenses,” like daily meals, are legitimate. But you can do it as you’ll discover when you read the full article.
- We’ll show you how to keep records that stand up to IRS scrutiny. There are two vitally important facts you need to write down on the back of the restaurant receipt. We’ll list them for you when you read the full article.
- We’ll tell you a great way to avoid problems. Simply invite a client, prospect, or business associate to join you and your spouse at the meal. You’ll learn how the “closely connected” rule can save you big money when you read the full article.