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IRS Gives Businesses a Break for Meals with Clients

The TCJA, passed in December of 2017, eliminated the business expense deduction for entertainment.  Since that time there has been a great deal of discussion on what was included in the definition of entertainment, and many people believed that the deduction for meals with clients was included and no longer deductible.  On October 3, 2018, IRS issued Notice 2018-76, giving guidance that the business expense deduction for client meals is largely unchanged from prior law.  

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