Kiplinger posted an article in March 2013, listing several IRS audit triggers. One reminder in the article is especially helpful. Remember that, “to qualify for meal or entertainment deductions, you must keep detailed records that document for each expense the amount, the place, the people attending, the business purpose and the nature of the discussion or meeting. Also, you must keep receipts for expenditures over $75 or for any expense for lodging while traveling away from home. Without proper documentation, your deduction is toast”. I encourage you to read the entire article by clicking below.
IRS Audit Flags: The Dirty Dozen