Business Financial Tax Updates
Business Meals Provided by Restaurants Fully Deductible in 2021 and 2022
Business Meals Provided by Restaurants Fully Deductible in 2021 and 2022 In general, the ordinary and necessary food and beverage expenses of operating your business are tax deductible. However, the deduction for business meals has been limited to 50% of the otherwise allowable expense. Section 210 of the Consolidated Appropriations Read more…