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Three Tips for Maximizing the Meals Write-Off

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Come tax time, every entrepreneur should be taking advantage of the meals and entertainment expense, according to accountant Mark Kohler. Here, he offers three tips for maximizing the write-off:

1. Find a business purpose for every dining and entertainment experience you have.
2. Keep track of expenses even when dining alone.
3. Have a system for scanning and organizing your receipts.

 

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