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Meals and Entertainment Expenses
We turn now to petitioner’s claim for meals and
entertainment expenses. Petitioner claimed $2,422 of meals and
entertainment expenses on the basis of the master credit card
summary, which reflected $2,168 under the category “Restaurants”
and $232 under the category “Entertainment.”
While the master credit card summary shows the name of the
restaurant (or payee), and the date and the amount spent, the
master credit card summary does not show the business purpose of
the activity or the name of the person entertained. In
attempting to substantiate the business purpose and the name of
the person entertained, petitioner prepared the reconstructed
entertainment list 3-1/2 years after the fact. Petitioner was
unable to testify as to whom he entertained in some instances.
We have the same concerns regarding the meals and
entertainment expenses that we had with the automobile expenses.
The account was used for both personal and business purposes.
There was no breakdown on the master credit card statement
between business and personal charges. The credit card company
simply lumped all charges to restaurants under the “Restaurants”
category. In addition, petitioner failed to explain which of the
expenses claimed were for business, not personal, purposes, and
petitioner failed to heed the Court’s advice to concede the
personal charges. Several charges appeared for various ski
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