If you are looking for great tax advice I have to recommend you follow Mark J Kohler online. I have been a follower of his the past year or so. His short, 2 minute videos on a variety of topics are very helpful. If you are a business owner, he is a guy that is a must follow.
I have had clients ask me about what they should do with their receipts from dining out with clients, buying food for the office, getting supplies from Office Depot, etc. I have an almost paperless office. My credit card and bank statements list every transaction I made so is a receipt even necessary? Watch the video here to find out. #sourceofthesource