Are you meeting clients or business partners over lunch or dinner? You can deduct 50% of meal
expenses when the meal has a clear business purpose. In some cases, certain meals purchased
from restaurants may qualify for a 100% deduction under current IRS rules.
What qualifies as deductible business meals?
- Client meetings over coffee
- Networking lunches or dinners
- Team meals during business travel
Pro Tip: Always save receipts and document the purpose of the meeting, including who attended
and what was discussed. This will make your tax filing process easier.
