Meals and Entertainment (ASL) - YouTube video textscript

Hi, I’m Jane, and I work for the IRS.

Businesses may no longer deduct expenses for entertainment, amusement or recreation activities.

But, you can still deduct 50% of the cost of business meals if you or your employee is present, and the food or beverages aren’t lavish or extravagant.

For more details, go to irs/newsroom/businesses.

Then click “Businesses Expenses Deductions for Meals, Entertainment.”

And, if you find this video helpful, please share it.

Thank you.