IRS Updates Business Meals Deduction Rule and Effect on Restaurants
In an attempt to modify the business meals deduction rules for some relief for restaurants during the pandemic, the IRS has released some modifications. In true IRS form, almost 2,000 words in this article, but there is some picking through it to see how your business may benefit.
Read the entire news article here.
With Tax Hive’s years of experience in tax and business services, we use our expertise to make your life easier so you can focus on building your business. Ever changing rules require a team who knows you, your business and the tax implications. Our tax professionals meet your needs while helping you manage tax risk, control costs and reap maximum benefit. If you’re ready to get started, CLICK HERE to schedule a FREE strategy session with one of our specialists today.
Schedule your FREE 15 minute call now!