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Business Meal Tracker

Biz-Meal and Entertainment Tracker is the simplest app available that follows the guidelines required by the I...

$ 0.99

Store review

Biz-Meal and Entertainment Tracker is the simplest app available that follows
the guidelines required by the IRS to track your business related meals and
entertainment. After entering required information for your business related
meals and entertainment, reports for the week, month or year can be emailed or
put on your SD Card. This app allows a person owning multiple businesses to
differentiate between different company names in recording the information.

Why use this app?

Business owners: The IRS allows business owners to deduct 50% of business
related meals and entertainment. This can add up over the year to be a
substantial tax deduction that many business owners don’t take advantage of.
This simple app fulfills the requirements of the IRS for documentation needed
to claim these deductions.

We suggest that at the end of each year you email yourself a copy of the Biz-
Meal and Entertainment report and store it in a save place so that you can
print it out in case you are ever audited. This app is a real peace of mind
for those who take these meal deductions. Just do it at the table during your
meal or in the car afterwards. You’re business meal expense is now documented!

Employees: If your employer reimburses you for your meals and/or
entertainment, this app will probably satisfy their requirement for
documentation. You can send a Biz Meal and Entertainment report to them by
email or send one to yourself and print out a copy for them. How easy can it
get?

How it works:

1. Enter a new record by entering the minimal information required by the IRS
on the Add New Record page.

2. When you are ready for a report of your spending, you may view the totals
on the View/Edit page and/or email a report of all information or send it to
your SD Card.

3. When you send the report by email at the end of the year, print it out,
file and store it in case of an audit. Remember, according to the IRS, you
only need save the receipts if the total of the meal or entertainment is $75
dollars or more. Meals and entertainment that are $75 dollars or more, keep
your receipt and store in a safe location. The documentation from the report
will be sufficient in reporting your meal and entertainment deductions in case
of an audit.

Store rating

5

out of

1 reviews

Last update

Feb. 15, 2013

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