Your 2023 Guide To Entertainment And Meal Deductions

Tax planning is a major part of owning and running a successful business. The meals and entertainment tax deductions have been a valuable way for many small business owners to reduce their tax liabilities each year. Sadly, the value of the meal deduction will be cut in half for 2023 from the 2022 deduction levels.

Keep reading as we share the ins and outs of the meal and entertainment deduction for 2023. This information can help you take advantage of these valuable money-saving tax deductions. A few of you reading this have given up your office spaces and are conducting many of your meetings out and about at restaurants.