How Can You Write Off Your Business Meals? (Tax Tuesday Question)

Want to learn how to deduct your meal expenses when dining with your spouse?
Find out the essential elements that make your business meal deductions rock-solid. Learn what criteria must be met and the penalty for abusing that deduction.
View the video and subscribe now to learn new ways to keep more of your hard-earned money.
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Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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#writeoff #deductions

[@lseh4720]

Can you deduct meals between spouses if the business is a rental property LLC?

[@TobyMathis]

Great question, I recommend you join our next Tax Tuesday live stream and have this question answered live by my team. Sign up today: aba.link/cs7

[@mohibquadri4053]

Sir what should i read (books) to understand and invest in index, mutual funds & real estate as an engineer employee working in service based industry.. i am trying to search for wealth creation methods..

[@TobyMathis]

I would start off by visiting Infinity Investing to get a better understanding of those types of investment strategies. Visit: infinityinvesting.com/

[@AlexzandradelaIglesia]

Toby are you able to take on clients who reside outside of your state and whose assets are outside of your state?

[@TobyMathis]

Yes! We operate in all 50 states of the country. You can get started here: aba.link/ixa

[@GoaltoGo]

I wonder if a solo individual, who is traveling on business to pursue potential business opportunities such as purchasing real estate or buying a business, is able to deduct his meals in the pursuit of profit during the time that he is on the road for this?

[@Diamonds2477]

Hi how can I get my ITIN in the UK process

[@Mis-AdventureCH]

Document, document, document. Logs carry weight.

[@skontzias]

What if your spouse is part of your board but not an employee?