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Marie Antoinette said, “Let them eat cake.”
The IRS said, “Let them eat lunch.”
That’s right. For decades, you’ve been able to provide employees with free meals as a tax-free fringe benefit.
When it comes to meals, “Free” is a beautiful word.
- Free meals, that you provide, can offer you some nice tax deductions.
- Free meals for employees (usually lunches) are a great fringe benefit.
- Free meals keep your employees happy, keep them on the premises, and generally make them more productive.
Make sure all the employee meals you provide
meet the IRS’s tests.
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“Tax Treatment of Employer-Provided Meals: What’s New?”