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Updated over 11 years ago,

User Stats

170
Posts
33
Votes
Bill Briscoe
  • Accountant
  • Thornton, CO
33
Votes |
170
Posts

Meals Tax deductions at 50% or 100%

Bill Briscoe
  • Accountant
  • Thornton, CO
Posted

Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?

I had always used the 50% deduction in other businesses, but according to this site, it looks like jobsite food/beverages can be 100% deductable:

http://www.taxalmanac.org/index.php/Meals

"100% DEDUCTIBLE Office Snacks - coffee, soft drinks, bottled water, donuts, and similar snacks or beverages provided to employees on the business premises. "

and "Meals provided on the employer's premises to more than half of the employees for the convenience of the employer. Translation: if you are providing meals to the employees in order to keep them working late, working weekends, or being on call, it is for your convenience to have them at work and the meal is a means of enticement. "

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Would you enter this under the meals deductions or under Office Expense or Supplies?

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