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Do you like to go out to eat?

  • Writer: Harrison Greenberg
    Harrison Greenberg
  • Jul 29, 2021
  • 1 min read

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You might be able to write off your next meal!


Business meals in 2021 and 2022 are 100% tax deductible.


In the past the deduction has been 50%, meaning if your meal was $100, only $50 would be deductible on your tax return.


Until December 31, 2022, business meals will be 100% deductible, meaning, if you spend $100 on a business meal, you can deduct the full $100 on your tax return.


A meal qualifies if the purpose is business related, and you pay the table's bill.


Who are you taking out to eat next?

 
 
 

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