Changes to Deductions!
Expenses related to activities considered entertainment, amusement or recreation can no longer be deducted.
Business meals can continue to deduct 50 percent of the cost of the meal if the taxpayer or an employee is present and the food or beverages are not considered lavish or extravagant. The meals may be provided to a current or potential business customer, client, consultant or similar business contact.
Travel may alter this deduction.