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Business Meal Deductibility in the USA

deductions meals travel Nov 01, 2023

Navigating the Maze of Meal Deductibility in the USA


In the complex world of tax deductions, meal expenses in the United States can be a particularly intricate subject. The rules governing the deductibility of meals vary depending on the purpose, context, and amount spent. Understanding these nuances can help taxpayers make informed financial decisions and potentially reduce their tax liability. In this blog post, we'll explore the different deductibility of meals in the USA.

1. Business Meals Deduction

One of the most common deductions related to meals is for business purposes which are qualifying meal expenses incurred while conducting business. During the pandemic, they were eligible for a 100% deduction but now business meals that meet this criteria, like discussing business-related matters, are still back down to a 50% deduction.

2. Entertainment Expenses

Back in the day, entertainment used to be deductible. Not anymore! It’s very important to separate meal costs...

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