Following the federal income tax treatment of business-related meal and entertainment expenses has been a rollercoaster ride in recent years. Here we will get you up to speed on the current deductions (or lack thereof) available for your business. 100% deduction: Business-related food and beverages provided by restaurants in 2021-2022 The CAA, the 2020 COVID-19 relief bill, included this temporary change. The “provided by” language means both sit-down meals and take-out. This does leave some unanswered questions, such as whether this includes airport lounges or bars that serve food. The IRS
