Meals and Entertainment Expenses Not Subject to 50% Limitation

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Meals and Entertainment Expenses Not Subject to 50% Limitation

Normally, meals and entertainment expenses are subject to a 50% limitation. This means that only 50% of these expenses are allowed as a deduction on your tax return. However, there are some meals and entertainment expenses that are 100% deductible.

What Types of Meals and Entertainment Expenses Are 100% Deductible?

The following types of expenses are 100% deductible:

Do These Expenses Need to Be Substantiated?

Yes. Although these expenses are 100% deductible, supporting evidence must be available to prove that these expenses were actually incurred in order for them to be deducted on the taxpayer's tax return.

Do I Need an Attorney to Help Me with My Tax Problems?

Tax laws are complex and ever-changing. While there are various tax preparation programs available to assist you in filing your returns, they cannot provide the same level of service that an experienced and knowledgeable tax attorney can provide. If you are unsure about the characterization of your expenses or you need someone to represent you before the IRS, a tax attorney can help you.

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Last Modified: 12-04-2014 03:13 PM PST

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