A holiday dinner counts as a deductible business meal if you discuss work for at least an hour and take notes. You can deduct 50% of the cost when meeting with work contacts, or 100% if they're W-2 employees. Cover money goals, customer acquisition, or problems that need fixing.
Here's a tax tip! You have until December 31st to save money on your taxes. Did you know your holiday dinner can count as a business meeting? It's true! You just have to talk about real work topics for an hour while you eat. Here's a checklist of what you can say: Number 1: Talk about your money goals for next year. Number 2: Talk about how to find new customers. Number 3: Talk about problems you need to fix. If you meet with work friends and family, you can deduct 50% of your expenses. If you meet with your W-2 employees, you can save 100% of your expenses. Just write down your meeting notes so it counts. Want more easy tips like this? Sign up at Lomorisper.com.
Texas LLC Warning Franchise Tax: How to Prevent Business Name Forfeiture & Theft
Texas LLC Franchise Tax Account Reinstated in 24 Hours: A Step-by-Step Success Story
