Business Meals

Thanks for the question Youncesfam!

Business Meal deductions for 2023: https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/types-meal-entertainment-expenses-100-deductible/L52DKcoZT_US_en_US?uid=llxye26f 

For 2023, most business meals are just 50% deductible, according to the IRS rule https://www.irs.gov/pub/irs-pdf/p463.pdf  except:

• Food for recreational employee events, such as holiday parties, summer picnics, or team-building events
• Food provided to the public to promote goodwill (e.g., snacks or coffee for customers)
• Food for events in support of a charitable cause
• Meals that are an essential part of your business function (for example, if you’re a food critic or food blogger)
• Meals provided to the employees for the convenience of the employer (e.g., dinner for employees who work late at the office)
• Meals included as taxable compensation to employees or independent contractors
• Meals sold to a client or customer