Search Help


Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
May 2016


Word Count:
208

 

 

Q&A: Dutch-Treat Business Meals


Question

 

I went to my accountant, and he told me my meals are not deductible. He said that I can deduct the client meals only.

 

I have about two (documented) business meals a week during which I do one of the three following things:

 

1.

Show homes to clients for their possible purchase

2.

Ask for referrals

3.

Question prospects about what type of home they are looking for

 

I thought when I paid the tab for the cost of breakfast, lunch, or coffee—which included the client or prospect and me—that I could deduct the full cost, not just the client’s or prospect’s cost. Am I right that I can? ... Log in to view full article.

Already a subscriber?
Email Address
Password


You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee



Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development

 

SS