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Get to know the new tax rules regarding the deductibility of meals and entertainment expenses!
2 years ago
Meals are generally 50% deductible, while entertainment is not deductible at all. It also states that dining with prospects, clients, vendors, and staff members is 50% deductible, as is dining while traveling.
💼 Maximize your deductions and save money on taxes when you dine with prospects, clients, vendors, and staff members
🔑 Don't forget to take advantage of the 50% deduction when you travel overnight
🔒 Company parties and presentations are 100% deductible, it is the perfect way to save money on taxes
Did you know that meals you have in certain situations can be 50% deductible? Find out more by tuning in to this episode!
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