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Meals and Entertainment Expense

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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.


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