ilmscore | Prediction Details
"in 2022 there was a 100 meals deduction because we were just coming out of the pandemic which meant if you went out and ate at a restaurant and you had a business meeting if you were eating with your employees if you were eating with business partners if you're meeting with other clients well now these meals that you're eating at these restaurants are 100 right off now it's still a write-off but not a 100 write-off"
By Minority Mindset | September 17, 2023 | Pending
From video
How To Stop Paying Taxes (Legally) & Build Your Financial Freedom | Jaspreet Singh 00:20:13 - 00:20:35
Interpreted Prediction
In 2022, business meals at restaurants were 100% deductible if consumed during business meetings with employees, partners, or clients, a provision related to the post-pandemic period. While still deductible, the deductibility may change in subsequent years.

Prediction Details

Topic
Tax Deductions for Business Meals

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.