tilly-123
New Member

", do you have any publications supporting the statement on the meals and entertainment page that "you do not need receipts for expenses that are less than $75.00 "?

 

Deductions & credits

See the rules starting on page 25 ... <a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/p463.pdf">https://www.irs.gov/pub/irs-pdf/p463.pdf</a>
bwa
Alumni
Alumni

Deductions & credits

It's in the Pub that Critter cited.  Just remember, though, that the fact that you don't need receipts doesn't mean that you don't need records.  As noted in the Pub, sometimes a contemporaneous diary with enough information is sufficient.

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