Moceri Minute

The Consolidated Appropriations Act
In the Consolidated Appropriations Act signed into law in December, 2020, there was a provision regarding business meals deductions. In an effort to shore up the dining industry, the Act includes a temporary return of the business deduction for meals. The deduction, originally eliminated more than 30 years ago, allows for businesses to deduct the full cost of meals, including beverages, provided at a restaurant. 

The deduction is allowed for 2021 and 2022 only.

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