When Can You Write Off Meals on Your Taxes?

June 29, 2015 by OSYB Staff

Being able to write off the cost of food and drink while traveling or meeting with clients is a huge perk for business owners. The IRS rules related to meal deductions are complicated. Meals purchased while traveling or to entertain clients are generally 50 percent deductible, while food purchased for the benefit of employees can be fully deductible.