Meals Still Deductible – IRS Determines

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Per an article recently released by the Journal of Accountancy, business meals will still be deductible under the new tax guidelines. The IRS has determined that entertainment will no longer be deductible and that is the only reference made under the Tax Cut and Jobs Act. See the full article below.

https://www.journalofaccountancy.com/news/2018/oct/tax-deduction-meal-entertainment-expenses-201819848.html

 

 

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