IRS Guidance on Deductions for Food, Beverages

04/16/2021

A temporary exception under federal law allows a 100% deduction for business meals if the food or beverages are provided by restaurants after Dec. 31, 2020 and before Jan. 1, 2023. OMA Connections Partner RSM reports that the IRS has issued guidance to further explain how to apply the temporary exception. 4/12/2021

Top