Thursday, March 17, 2022

When is coffee a deductible business expense?

 The deduction for business meals changed in 2021 and 2022 to encourage business owners to patronize restaurants, coffee shops, and more.

See all the rules here: Is your coffee a tax write-off? 

In essence, you must be meeting with a client, or providing the coffee to a client or employees to write off the coffee as a business expense. In 2021 and 2022, business meals are 100% deductible, whereas in previous years it was only a 50% deduction.

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