Want to take a client or a business prospect to lunch at a trendy restaurant?
Go right ahead and enjoy the meal. Just don’t expect Uncle Sam to help pay for it.
That is right! Thanks to recent so-called business-friendly tax reform, you can no longer deduct business meals.
Those write-offs are dead and gone.
Oh. I know. Tax professionals are telling you that business meals are still deductible. But they’re wrong as I’ll prove we can prove it with citations from applicable authorities.
Read the letter I just sent my clients.