Most business meals are still deductible, subject to the 50% limitation

Entrepreneur, Small Business, Tax /

If you’ve been following the tax journals or related social media accounts, you no doubt saw that the Tax Cuts & Jobs Act (“TCJA”) removed the deduction for business related entertainment expenses. There was a lot of concern that the meals portion of “Meals & Entertainment” expenses would also be denied because of some related […]

Most business meals are still deductible, subject to the 50% limitation Read More »