15. Split hotel bills between meals, entertainment and lodging
Lodging, travel and transportation are fully deductible.
Meals and entertainment are reduced by 50%
When IRS sees big travel expenses and small meals numbers – they know the travel includes meals expenses.
Note: Remember, hotel room bills often have room service, or client entertainment costs (meetings – banquet service). Save the hotel printout and use the SPLIT feature in QuickBooks to enter the detail when entering credit card charges (or checks or cash payments).
Note 2: Tips – include them with the appropriate expense – bellhops and valet with Hotel; waiters and room service with meals, etc.