00:00:00 Introduction
00:00:20 Usual Rules of Business Meal Deduction
00:00:43 New Rules for Business Meal Deductions
00:01:05 What Doesn't Qualify
00:02:13 50% Deduction
00:02:45 Entertainment Is Not Deductible

Great news!

In 2021 and 2022, the IRS has increased the business meal tax deduction from 50% to 100%.

This means that you can claim back 100% of your bill + tip for business-related meals, as long as you eat and drink at an established restaurant.

In today's video, I'm covering the nitty gritty details that you need to know about business meals deductions in 2021.

Let's dive in!

Read the full blog post over on our website: https://www.tldraccounting.com/your-g...

TL;DR: Accounting is a virtual accounting firm for therapists in private practice, small business owners, and tech start-ups. You can learn more about what we do over on our website here: https://www.tldraccounting.com/


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