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In partnership with Florida State University, College of Business, The Florida Catastrophic Storm Risk Management Center, THF is pleased to announce the 2021 Financial Reporting Insurance Forum (FINREP). FINREP will be held on October 20-21, 2021. More details coming soon!
WORDS COUNT: The THF Blog
Recordkeeping DOs and DON’Ts for Business Meal and Vehicle Expenses
Do you know the DOs and DON’Ts of recordkeeping? If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete documentation or try to create records months (or years) later. In doing so, they fail to meet the strict substantiation requirements set forth […]
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