It is the small businesses that get screwed the most. Big companies have guys like me. It is only a problem when the IRS decides to do an audit, and they dete

It is the small businesses that get screwed the most. Big companies have guys like me. It is only a problem when the IRS decides to do an audit, and they determine the 50% rule applies on the last 5 years of M&E. It is a non-issue for small businesses right up to the point when it becomes a major issue. For instance, if you have "Dinner, $300", that can be a problem. If you have "Dinner, $3,000, 10 attendees, incl. Larry Page - CEO Google", the IRS will have no problem, even though it is a $300/pp dinner.