2. Do Not Miss These Expences!

Updated: May 13

Meals and Entertainment

Business Deductions for 2021-2022 !

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For tax years 2021 and 2022, business meals purchased from or consumed in a restaurant have a temporary deduction of 100% (the regulations call for a 50% deduction for business meals). The following chart provides a snapshot of allowable business deductions:

Part 1


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