Meal Expenses 100%

[trey...@rloft.com]

Has anyone heard of any case scenarios where business meals are 100%
deductible; such as, strategy meetings or on site/working meetings?
I'm familiar with the limitations around employee meals and which are
100% deductible. However, this would be with current and/or
prospective clients. Thx.

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[Bill Brown]

On May 15, 4:17 am, treyno...@rloft.com wrote:

> However, this would be with current and/or
> prospective clients. Thx.
>

50% deductible.

[Brew1]

On May 15, 4:17 am, treyno...@rloft.com wrote:

> Has anyone heard of any case scenarios where business meals are 100%
> deductible; such as, strategy meetings or on site/working meetings?
> I'm familiar with the limitations around employee meals and which are
> 100% deductible. However, this would be with current and/or
> prospective clients. Thx.
>

If it qualifies as a "de minimus" benefit, it would be 100% deductible
and not taxable to the employee.
Pub 15-B addresses this issue, but I don't see it as applicable to
clients.

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