In order to deduct a portion of the cost of a business meal which of the following conditions must be met?

Question

Quizplus · Accepted Answer

The taxpayer or an employee must be present at the meal for a portion of the cost to be deductible. A client being present is not a requirement, although it may help to establish that the meal was for business purposes. The location of the meal is also not a requirement, although meals away from the taxpayer's usual place of business may have stricter documentation requirements.

In Order to Deduct a Portion of the Cost of a Business