Dining expenses are one of an entrepreneur's best write-offs. Don't be too conservative. If you have a meeting in conjunction with dining that is even remotely related to your business, capture the expense, keep the receipt and take the write-off. This even includes dining by yourself if you are traveling.
In this video, I provide a quick summary of everything you need to know about maximizing your dining write-off. For more, visit www.markjkohler.com.