Networking can fill your practice, and save you on taxes!
Have you been saving receipts for coffee or lunches when you get together with a colleague or referral source?
If you discuss business at a meal, just jot down 1) who you dined with and 2) the purpose of the meeting on the receipt- the tip is also included in your 50% deductible expense.
The cost of your travel to and from the coffee shop or restaurant, plus parking, are all 100% deductible!
You’ll be pleasantly surprised at how quickly these deductions add up over the course of the year!