Posts tagged with "consolidated appropriations act"



Business · June 01, 2021
New Rules For Deducting Meal And Entertainment Expenses
Taking your clients out to dinner or to a sporting event can be a great way to get to know the people with whom you are doing business and help you develop a closer relationship. Plus, it can be a legitimate business expense (with some exceptions) that you can deduct from your company’s income taxes. The rules for deducting meal and entertainment expenses from your taxes have changed quite a bit over the last few years, and these changes can be pretty confusing.