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GOOD NEWS, business travelers! Keeping track of businessexpenses while you're on the road just got easier, thanks to alittle help from the IRS.
Previously, businesspeople had to maintain receipts for traveland entertainment expenses of $25 or more; now, the threshold hasbeen raised to $75. The change should allow business travelers toease up on the multitude of receipts they previously had toamass-especially for low-budget items like food.
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