Are Business Meals Deductible?

Are Business Meals Deductible?

by | Nov 2, 2018 | Tax Advantages

In Notice 2018-76 issued in October 2018, the IRS states that client and prospect business meals continue as tax deductions under the Tax Cuts and Jobs Act. This is very good news indeed. Under this new IRS guidance, you may deduct 50 percent of your client and...