I: Is there a difference or distinction for tax purposes between write-off and expense? If there's, please clarify and dumb down as much as possible.
II: Can I write-off / expense my own lunch when I'm on the job for contracting work
III: When I hire people for contacting jobs and I pay for their lunch for example, buy five (5) boxes of pizza/ large pie for about seven (7) to ten (10) people, can I expense this?
IV: If I've lost my receipts but have charges on my bank statement, can I still claim this and what can I do if asked during an audit.
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