Businesses can temporarily deduct 100% of Meals beginning Jan. 1, 2021 – Dec 31, 2022
Source: irs.gov - Issue Number: IR-2021-79 Treasury, IRS provide guidance on tax relief for deductions for food or beverages from restaurants Businesses can temporarily deduct 100% beginning Jan. 1, 2021 WASHINGTON – The Treasury Department and the Internal Revenue Service today issued Notice 2021-25 providing guidance under the Taxpayer Certainty and [...]