2025 Meals And Entertainment Deduction. The general rule has been and continues to be that entertainment expenses are nondeductible, and meal expenses are 50% deductible if they are not excessive. Food and beverages were 100% deductible if purchased from a restaurant in 2021 and 2022.
Friday discusses the significant tax changes set to take place after 2025, specifically regarding the meals and entertainment deduction. Knowing what meals and entertainment deductions you can take for your 2023 taxes can be pretty confusing.
2025 Meals And Entertainment Deduction Images References :

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