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Extensible Markup Language  |  2003-06-18  |  1KB  |  18 lines
  1. <?xml version="1.0"?>
  2. <?xml-stylesheet type='text/xsl' href='hhPreprocess.xsl'?>
  3. <topic sku="biz" tNum="288498" author="sallyh" xmlns="x-schema:hhTopicSchema.xml">
  4.     <index>
  5.         <title>Learn about deducting the cost of meals and entertainment</title>
  6.         <category>biz</category>
  7.         <klink type="cncpt">Tell me about deducting the cost of meals and entertainment</klink>
  8.     </index>
  9.     <content>
  10.         <p>You can generally claim a deduction for business-related meals and entertainment, such as the cost of taking a client or prospective employee to a restaurant. However, the deduction is usually only 50% of your cost. Money automatically calculates 50% of the total amount from transactions categorized as Entertainment or Meals. For more information and a list of exceptions to the 50% rule, see IRS Publication 535, Business Expenses, on the <alink type="xtnl" href="http://www.irs.gov">IRS Web site</alink>. See your tax professional for more information.</p>
  11.     </content>
  12.     <footer>
  13.         <include href="FindoutifImeligibleforadeduction.xml#xpointer(*/index/klink)"/>
  14.         <include href="CreateandviewaScheduleCreport.xml#xpointer(*/index/klink)"/>
  15.         <include href="LearnabouttheScheduleCSetupplace.xml#xpointer(*/index/klink)"/>
  16.     </footer>
  17. </topic>
  18.