Meals and Entertainment Expense
(redirected from Business Meal)

0.01 sec.

Meals and entertainment expense

A tax deduction allowed for meals and entertainment expenses incurred in the course of business.

Meals and Entertainment Expense

Money that a business spends in the course of buying meals for or otherwise entertaining a client, customer, or employee. In the United States, one may deduct meals and entertainment expenses from one's taxable income, subject to certain restrictions. In general, one may only deduct up to 50% of meals and entertainment and must be able to prove that one conducted business with the person that one was entertaining.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
No references found			According to Marcel Syriani, DATABASICS' CTO, "The requirements for distributing costs for meetings, seminars and conference over attendees are substantially different from splitting up a bill for a business meal which is why most expense tools struggle to support this functionality. DATABASICS Announces Expense Reporting Meeting and Conference ... by PR Newswire Bypass the faux pas Shital Kakkar Mehra of Soft Skills International highlights some business meal faux pas you should steer clear of: Arriving late. Manual by Business Today More (New Delhi, India) The revenue procedure also provides an optional method for employees and self-employed individuals who are not reimbursed to use in computing the deductible costs they pay or incur for business meal and incidental expenses, or for incidental expenses only if they pay or incur no meal expenses, while traveling away from home. Rules for employee reimbursement by California CPA			Business Date business day Business Development Bank of Canada Business Enterprise Business Environment Risk Index Business Etiquette Business Executive Enforcement Team Business Expansion Scheme Business Expense Business Expense Deduction Business Facilitation Office Business Failure Business Fundamentals Business Gift Business Gifts Business Income Business Incubator Business Information Office Business Information Service for the Newly Independent States Business Intelligence Business Interruption business interruption insurance Business Judgment Rule Business Liability Insurance Business List Business Meal Business Model Business Office Business Overhead Expense Insurance business park Business Plan Business Practice Business Process Business Process Management Business Process Reengineering Business Property Business Property and Liability Insurance Package Business Property Relief Business Publication Audit of Circulation Business Purpose Business Rate Business Reply Card Business Reply Envelope Business Reply Mail Business Risk Business Risk Exclusion Business Roundtable Business Sales and Inventories Business School Business Segment Business Segment Reporting			Business Management Research Associates, Inc. Business Management Society Business Management Software Business Management South America Business Management System Business Management System Description Business Management Systems, Inc. Business Management, Agency, Comparables & Investments Business manager Business manager Business manners Business manners Business manners Business manners Business margin Business margins Business Market Group Business Marketability Index Business Marketing Association Business Marketing Plan Business Marketing Services Business Markets Organization Business Master File Business Master Plan Business Master Program Business Match Inc Business Material Exchange Business Mathematics and Informatics Business Meal Business Meals Business Measurement Process Business Media Europe Business Media, Inc. Business Meeting Agency Business Meeting Point Business Member Board of Governors Business memo Business memo Business memo Business memo Business Men's Assurance Business Mentoring Youth Business Mentors New Zealand Business Message Standard Business method Business method Business methods Business methods Business Metrics of Interest Business Meubles Discount Business Mission Area Business Mobility Framework Business model Business Model Analysis Business Model of Intercultural Analysis Business Modeling and Architecture Business models Business Modernization and Systems Integration

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.

Meals and Entertainment Expense (redirected from Business Meal)

Meals and Entertainment Expense
(redirected from Business Meal)