Take that Client to Dinner: Business Meals Are Deductible in 2021 and 2022
“Business meals at a restaurant are now fully tax deductible — at least for the next two years. To promote increased business spending at restaurants, the “Consolidated Appropriations Act, 2021” directed the IRS to increase the deduction from 50% to 100% of the cost of food and beverages provided by a restaurant.”
Can’t wait.
