Maximize your Meals and Entertainment Tax Deductions in 2023 

Small business owners are often confused about what is tax deductible when it comes to meals and entertainment (aka 'M&E') expenses! That's OK, Hannah is here to clear everything up. What is tax deductible in 2023? This video will explain all and some exceptions to watch out for in order to deduct more!
In this video, you will find:
0:00 Introduction to Meals and Entertainment
0:34 Subscribe to the channel please!
1:00 Entertainment
2:50 Dues and Memberships
3:35 Meals
5:50 Reimbursement Exemption
7:10 Employee Recreation Exemption
8:40 Meals for Marketing Exemption
Read more about Meals and Entertainment Expenses and what the IRS deems deductible in Publication 463: www.irs.gov/pub/irs-pdf/p463.pdf
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Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at claracfo.com/
Disclaimer: This video is intended for educational purposes and
should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.
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