If you are either having a business meeting or entertaining a business associate, be certain that you have adequate documentation. You need to write either on the restaurant receipt, the “Who, What, Where, Why” or put it into your daytimer. You are supposed to keep the information of who attended the meal, what was discussed, where you were and why it is a business meal on a contemporaneous (at the time of the event) basis.

 
This information is provided in an effort to help you gather and organize the information necessary to file your individual or small business income tax return. While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.