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Bookkeeper_Lynn_2024
April 22, 2025
Question

Food for Hosting Networking Event 100% Deductible

  • April 22, 2025
  • 2 replies
  • 51 views

Hello,

I hosted a networking event at a restaurant for current and potential clients. Can I deduct the cost of the food at 100%? I own an S-Corp with no employees. I am not on payroll.

Thanks.

2 replies

Rainflurry
Rainflurry
Level 11
April 22, 2025

@Bookkeeper_Lynn_2024 

 

You're allowed a 50% deduction for meals with potential clients/customers that will benefit the business. 

 

 https://www.cpa-wfy.com/meals-expenses-tax-deductibility-50-vs-100/ 

https://www.thetaxadviser.com/issues/2023/nov/navigating-around-limits-on-meals-and-entertainment/ 

    Bookkeeper_Lynn_2024Author
    April 23, 2025

    Thank you @Rainflurry for your response and the link to the website. Could this be considered a marketing expense that could be deducted at 100%? My business spent several thousand dollars. 

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