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Carol and Jerry, LLP, pays the Good Eats Cafe each month for the lunches the two accountants eat there each work day because they always discuss some business. Often Carol and Jerry invite friends who work at other CPA firms to join them, so they can keep up with what is happening in the accounting community. Are these meals deductible?

   Carol and Jerry, LLP, pays the Good Eats Cafe each month for the lunches the two accountants eat there each work day because they always discuss some business. Often Carol and Jerry invite friends who work at other CPA firms to join them, so they can keep up with what is happening in the accounting community. Are these meals deductible?

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Federal Tax Research

Federal Tax Research

William A. Raabe,… 8th Edition

Chapter 6, Problem 77

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The meals are being consumed by Carol and Jerry, who are accountants, during workdays while discussing business matters. Show more…

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Carol and Jerry, LLP, pays the Good Eats Cafe each month for the lunches the two accountants eat there each work day because they always discuss some business. Often Carol and Jerry invite friends who work at other CPA firms to join them, so they can keep up with what is happening in the accounting community. Are these meals deductible?

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