ILLMAS Posted March 19, 2009 Report Share Posted March 19, 2009 What are the cases when meals can be 100% deducted? Quote Link to comment Share on other sites More sharing options...
Wayne Brasch Posted March 19, 2009 Report Share Posted March 19, 2009 What are the cases when meals can be 100% deducted? I believe no such cases exist. Wayne Brasch Quote Link to comment Share on other sites More sharing options...
ILLMAS Posted March 19, 2009 Author Report Share Posted March 19, 2009 I believe no such cases exist. Wayne Brasch Ok thanks, for some reason I thought if you are trying to acquire more business and have to travel out of state, apart from car rental and lodging you were able to deduct 100% meals. Quote Link to comment Share on other sites More sharing options...
lsowers Posted March 19, 2009 Report Share Posted March 19, 2009 There are a couple of cases - if you have Quickfinder or the Tax Book, they explain the situations. Quote Link to comment Share on other sites More sharing options...
ILLMAS Posted March 19, 2009 Author Report Share Posted March 19, 2009 There are a couple of cases - if you have Quickfinder or the Tax Book, they explain the situations. I will check my quickfinder when I get back to my office. Thanks Quote Link to comment Share on other sites More sharing options...
ljwalters Posted March 20, 2009 Report Share Posted March 20, 2009 The only exception to the 50% rule that for meals that I am aware of is the DOT rules which for 2008 is 80%. Linda and buddy Quote Link to comment Share on other sites More sharing options...
michaelmars Posted March 20, 2009 Report Share Posted March 20, 2009 i believe office meals to keep your workers working through lunch is 100% since its not entertaining exp. if falls into office exp same as your bottled water cooler etc. Quote Link to comment Share on other sites More sharing options...
lbbwest Posted March 20, 2009 Report Share Posted March 20, 2009 I believe no such cases exist. Wayne Brasch See Pub 535 de minimis fringe benefits for allowable 100% deduction. Hope you are having a good tax year. lbb Quote Link to comment Share on other sites More sharing options...
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