Faribault Business Owners Deductions: Meals

Can I deduct meals for my employees??

Yes you can. There are 2 types of meals & entertainment tax deductions. If you have staff training in your office & take your staff to lunch, or when you take a client to lunch you have a 50% deductible meals & entertainment deduction. The 50% category is where your regular meals & entertainment deduction reside. The 100% tax deduction category is for entertainment that is exempt from the 50% cut, such as an employee party.

For more details on how this can be done correctly, please contact our office at 507-333-3973