Core
Meal Deductions
Deduct qualifying meals connected to your business.
About this strategy
Businesses may deduct qualifying meal expenses when there is a legitimate business purpose and the applicable requirements are met. In many situations, business meals are subject to a percentage limitation rather than being fully deductible. Keeping records of the amount, date, attendees, and business purpose helps establish eligibility for the deduction.
Implementation resources
Slides, templates, and supporting videos.