Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Businessweek Archives

A Welcome Irs Change

Frontier -- Trends

A Welcome IRS Change

Say goodbye to that file full of restaurant receipts. The Internal Revenue Service has raised the level for required documentation of food, travel, and entertainment expenses from $25 to $75. That means you no longer need to save the receipt from every single business engagement. For expenses that are under $75, a less formal record, such as an entry on a business calendar, should suffice. The new rule, which took effect on Jan. 26, marks the first time that the level has been raised in more than a decade and should be welcome news for owners of small and home-based businesses that do the bulk of their deals someplace other than the office. See you at the steakhouse.

blog comments powered by Disqus