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Retirement tax questions
If you have a Schedule C Business, click this link for detailed info on How to Deduct Business Meals and Entertainment.
Employees are no longer able to deduct out-of-pocket costs for meals in tax years 2018 through 2025 due to the Tax Cuts and Jobs Act (TCJA) that Congress signed into law on December 22, 2017.
[Edited 3/9/2020 | 1:52 PM]
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‎June 1, 2019
12:36 AM