The IRS Clarifies the Temporary 100% Meal Deduction for 2021-2022

Under the Consolidated Appropriations Act, 2021, business expense deductions for Meals (normally limited to 50%) are temporarily allowed at 100% under specific rules.

Home/Work | Impact | Drive Thru at The Farm

WIDOR and IRS Update

The Treasury Department and Internal Revenue Service announced That the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.