Taxes 101: How to Maximize Your Dining Write-OffMany small business owners don't take full advantage of this deduction. Check out this video for more information on maximizing your write-offs and saving taxes.

ByMark J. Kohler•

Opinions expressed by Entrepreneur contributors are their own.

Dining expenses are one of an entrepreneur's best write-offs. Don't be too conservative. If you have a meeting in conjunction with dining that is even remotely related to your business, capture the expense, keep the receipt andtake the write-off. This even includes dining by yourself if you are traveling.

In this video, I provide a quick summary of everything you need to know about maximizing your dining write-off. For more, visitwww.markjkohler.com.

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Mark J. Kohler

Entrepreneur Leadership Network® VIP

Author, Attorney and CPA

Mark J. Kohler is a CPA, attorney, co-host of the podcastsMain Street BusinessandDirected IRA Podcastand a senior partner at both the law firm KKOS Lawyers and the accounting firm K&E CPAs. He is also a co-founder of Directed IRA Trust Company. He is the author ofThe Tax and Legal Playbook, 2nd EditionandThe Business Owner's Guide to Financial Freedom.

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