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Better Business Meal Deduction?

September 17, 2009 by Deb Howard Greenleaf

Wish you could deduct more than 50% of your business lunch?  Congressman Neil Abercrombie of Hawaii has introduced a bill in Congress to raise the deductible amount of your business meals from 50% to 80%.  This would be a real boon for those of us that meet clients at the local coffee shop for a business meeting!  I'm sure the coffee shop owners of this country wouldn't mind the extra … [Read more...]

Filed Under: Small Biz Taxes Tagged With: business meal, tax deduction

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