Are Business Meals Deductible In 2025 Law – Ready or not, the 2025 tax filing season is here. As of January 29, the IRS is accepting and processing tax returns for 2023. The agency expects more than 128 million returns to be filed before the . Tax season is officially here, and the people who are in the best shape to minimize their tax bills, maximize their refunds and get every available credit and deduction are those who started 2023 .
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Are Business Meals Deductible In 2025 Law Check, Please: Deductions for Business Meals and Entertainment : Ironically, 280E is negatively impacting legal cannabis businesses today because, although they operate in compliance with state law still deduct 50% of the cost of business meals, as long . Did you know you could get a break on your companyโs taxes by hiring your kids? Read on for more strategies to help you lower your businessโ taxes. .