09/11/2026
π° Business expense β 100% tax deduction!
That lunch during a business meeting? π½οΈ
It may still be only 50% deductible.
Meeting room? π€ Generally 100%
Business meals? π΄ Generally 50%
Employee holiday party? π May be 100%
Entertainment? ποΈ Generally 0%
π Donβt just look at the account nameβthe purpose of the expense matters.
TS Accounting & Tax Consulting Inc.
Where Accuracy Meets Strategy.