Explore the 1,000’s of tax questions answered by professionals.

Back to Tax Deductions

QUESTION DETAIL

Related User

Votes

I provide meals to my employees every day. Can I deduct the expenses associated with those meals?


ANSWER


The BIDaWIZ Team's Answer:

The meals are excludable from the employee's income, and the cost is fully dedictible

by the employer, if more than 1/2 of the employees are furnished meals, and it is

done for the convenience of the employer. See IRC 119 and irc 132.  

The BIDaWIZ Team

 

 

  • Currently 4.6190/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1547 Ans.