Most people's favorite deduction on their tax return is the business meals and entertainment deduction. The IRS knows this, and knows how frequently it is abused as well. They have put some restrictions on this deduction that you need to heed in order to avoid an audit. Here is a good article detailing how and when you can take this meal write off. However, I think she interprets the "convenience of the employer" clause more leniently that I would.

1 Response to "The Beloved Meal Deduction"

  1. Jonathan Said,

    I agree. I'd be a little more conservative in my interpretation, but it's definitely a great deduction to utilize.

     

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