Has anyone heard of any case scenarios where business meals are 100% deductible; such as, strategy meetings or on site/working meetings? I'm familiar with the limitations around employee meals and which are
100% deductible. However, this would be with current and/or prospective clients. Thx.50% deductible.
If it qualifies as a "de minimus" benefit, it would be 100% deductible and not taxable to the employee. Pub 15-B addresses this issue, but I don't see it as applicable to clients.
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