Operators Regulations The Ashton Report Whats Important Now: Report

Federal Legislation Revives 100% Deductibility For Business Restaurant Meals

 class=
 class=

The federal Consolidation Appropriations Act—the so-called “omnibus” spending bill Congress passed in December to keep the government operating—included something restaurants, B&I operators and business people have been requesting for years: The return of 100% deductibility for business entertainment expenses, including restaurant meals. The write-off is temporary. It only applies to 2021 and 2022 so far….

This content is for registered members of The Ashton Report or paid subscribers to The Ashton Report Insider only. Please register by clicking on the button below to get full access.

Register
Already a member? Log in here

About the author

The Ashton Report