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I work for a wholesale grocer (buys/sells over phone/internet). He is deducting ALL of his meals (eats out every day), ALL of his personal groceries, even his car and his mortgage payment (works out of his home) - ALL as business expenses - considers meals as meals and entertainment, and groceries as research. I am his personal assistant and has me submit his credit card receipts in this way to the accountant each month. I don't think it's right? BTW- he files as an 'S' corporation if that matters. Can I be held liable in any way for this accounting? << ------------------------------------------------->> << The Charter and the Guidelines for submitting >> << messages to this newsgroup are at www.asktax.org >> << ------------------------------------------------->>
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