IRS Says Business Meal Deductions Still Apply

The Tax Cuts and Jobs Act (TCJA) of 2017 generally disallowed all deductions for business entertainment, amusement, and recreation. However, the TCJA did not specifically turn thumbs up or down on the deductibility of business meal expenses. Under the old law, business meals were partially tax deductible, but some questioned whether that was still theRead more about IRS Says Business Meal Deductions Still Apply[…]