Eat, drink, and be merry, for tomorrow you dine.
And you’ll dine 100% tax free if you know the law… as I’ll explain in my new article.
That’s right. When you take your employees out to lunch, the IRS normally lets you deduct just 50% of the lunch expense.
But, if you know how to play the IRS’s game, you can provide meals for your employees and write off 100% of the cost!
You’ll learn how to come out a winner when you read my new article titled Tax Tips: Don’t Settle for a 50 Percent Write-Off on Employee Lunches: Here’s How to Snag 100 Percent.
Three ways our fact-filled article can help you:
- We’ll reveal the secret of the 100% deduction. You get to write off the full cost of employee meals when you meet two IRS requirements. They really aren’t hard to comply with. We’ll tell you what they are when you read the full article.
- We’ll explain the important “convenience of the employer” test. To keep Uncle Sam happy, the lunches you furnish to your employees must be provided for your convenience. They must not be considered compensation for employees. We’ll give you all the details when you read the full article.
- We’ll provide winning tactics for proprietors and S corporations too. If you operate as a proprietor or an S corporation you can still get a nice tax break on your meal. But you have to know which “category” to put it in. All will be explained when you read the full article.