'Law surrounding meal expenses' presentation slideshows

The Latest On Meal And Entertainment Deductions For Businesses

Most businesses will find themselves having been affected by the Tax Cuts and Jobs Act, which has made big changes to the laws that govern tax deductions for entertainment and meals. Before the changes came in, businesses could make deductions of up to 50% on entertainment related expenses provided they were incurred as the direct result of active trade conduct or came before or after a significant and genuine business meeting.

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