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IRS issues guidance on business meal deductions

October 03, 2018

The IRS has issued eagerly awaited guidance on the deductibility of expenses for certain business meals. (Notice 2018-76)

To read the notice, go to:

www.irs.gov/pub/irs-drop/n-18-76.pdf

We will discuss this guidance in more detail at our 2018/19 Federal and California Tax Update Seminar and in future issues of Spidell's Federal Taxletter®.

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