20.28 Proving Travel and Entertainment Expenses
To satisfy the IRS requirements and to substantiate your expense deductions in the event of an audit, you need two types of records:
- A receipt for transportation expenses of $75 or more is required only when it is readily obtainable. For example, for air travel a receipt or a boarding ...
Get J.K. Lasser's Your Income Tax 2013: For Preparing Your 2012 Tax Return now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.