| |
Amount Deductible for Tax Years 2021-2022 |
| Description |
100% |
50% |
Zero |
| Restaurant meals with clients and prospects |
X |
|
|
| Entertainment such as baseball and football games with clients and prospects |
|
|
X |
| Employee meals for convenience of employer, served by in-house cafeteria |
|
X |
|
| Employee meals for required business meeting, purchased from a restaurant |
X |
|
|
| Meal served at chamber of commerce meeting held in a hotel meeting room |
X |
|
|
| Meal consumed in a fancy restaurant while in overnight business travel status |
X |
|
|
| Meals cooked by you in your hotel room kitchen while traveling away from home overnight |
|
X |
|
| Year-end party for employees and spouses |
X |
|
|
| Golf outing for employees and spouses |
X |
|
|
| Year-end party for customers, classified as entertainment |
|
|
X |
| Meals made on premises for general public at marketing presentation |
X |
|
|
| Team-building recreational event for all employees |
X |
|
|
| Golf, theater, or football game with your best customer |
|
|
X |
| Meal with a prospective customer at the country club following your non-deductible round of golf |
X |
|
|
