How do you not have 100's of thousands of views!? I just found your channel and have learned so much! Thank you so much for all the information and explaining it so "simple folk", like me, can understand. Will definitely be recommending your channel to friends and family! Thank you so much again
What about single member LLC and S Corps? We can’t eat with any other employees. Can we get take out eat at our desk while working and calling vendors? How about coffee from Dunkin’ Donuts? I used to goto the office and get coffee from kitchen. Did they expense that? Can we expense coffee? Please put in a video so we can get you more views!
If I worked for Rideshare companies in 2021, do I have to take these meals deductions while on the go for business? Please clarify. Thanks for your great videos!
So can ANY business type do this? Or do you have to offer some certain service? I own a dog daycare, but I don’t want to take the dogs out to dinner lol
I'm unsure how this all works because I'm so new to my tax course. But does that mean if I'm working on business premises, I can exclude the amount of money I spend at their restaurants? As an employee, I already get 50% off, but working at an amusement park, I'm confined to the location. Sooo. Does that mean I can total up all my expenses at their restaurants and get it excluded?
One more question: suppose an employee bakes as a hobby and brings baked goods to work every Friday for the other employees to eat. Is that cost tax deductible/exempt?
![14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]](http://i.ytimg.com/vi/5YggWhLeckM/mqdefault.jpg)
![12 HUGE Tax Write Offs for Small Business in 2024! [Bookmark This]](http://i.ytimg.com/vi/x0Rd0SXSe1w/mqdefault.jpg)
How do you not have 100's of thousands of views!? I just found your channel and have learned so much! Thank you so much for all the information and explaining it so "simple folk", like me, can understand. Will definitely be recommending your channel to friends and family! Thank you so much again
Hopefully we will have 100's of thousands of views one day, but in the meantime, thank you so much for your feedback :)
This aged well
Nice I’m going out to eat soon and talk business of course
Have fun
Awesome news, thanks a bunch for the update!
Right, thanks Tammy!
Fantastic info. If you have a meal with a business partner (ie. another partner in partnership), can you take the deduction?
What about single member LLC and S Corps? We can’t eat with any other employees. Can we get take out eat at our desk while working and calling vendors? How about coffee from Dunkin’ Donuts? I used to goto the office and get coffee from kitchen. Did they expense that? Can we expense coffee?
Please put in a video so we can get you more views!
How does this work for truck drivers that are 1099?
what about for delivery drivers
Great video. Thank you
Thanks!
If I worked for Rideshare companies in 2021, do I have to take these meals deductions while on the go for business? Please clarify. Thanks for your great videos!
So can ANY business type do this? Or do you have to offer some certain service? I own a dog daycare, but I don’t want to take the dogs out to dinner lol
haha, well lets just say if you are meeting with dog owners then you probably can do take it
really helpful video, thank you
Thanks bro!
Nice update. Thanks
No problem 👍
Does this apply to individual taxpayers?
I'm unsure how this all works because I'm so new to my tax course. But does that mean if I'm working on business premises, I can exclude the amount of money I spend at their restaurants? As an employee, I already get 50% off, but working at an amusement park, I'm confined to the location. Sooo. Does that mean I can total up all my expenses at their restaurants and get it excluded?
One more question: suppose an employee bakes as a hobby and brings baked goods to work every Friday for the other employees to eat. Is that cost tax deductible/exempt?
This is HUGE
Definitely!
What is the max amount of money you can deduct from your tax return?
Perfect. I will eat out everyday
😂😂 for business purposes right?
I’m A BUSINESS….MANNNNNNNN
This used to be a red flag audit so it’s great
So i can’t write it off for myself (my own meal) - I own an LLC with no employees currently lol
I do have the same question, single member LLC and everyday but meals because I can’t go home and eat im here from 8 to 8 can those be deducted?
Does this also apply to independent contractors that buy their lunch while at work
yes it does
Ooo it's time to eat!!
Yummmy
So does this basically mean I can eat for free with my business?
Thanks Donald Trump
Why do you say that?