This article was published by the IRS. The IRS encourages businesses to begin planning now to take advantage of tax benefits available to them when they file their 2022 federal income tax return. This includes the enhanced business meal deduction. For 2021 and 2022 only, businesses can generally deduct the full cost of business-related food and beverages …
Continue reading Here’s What Businesses Need to Know about the Enhanced Business Meal Deduction