Deductibility of Meals and Entertainment Expenses After New Tax Law

2017 Expenses (Old Rules)
2018 Expenses (New Rules)
Office Holiday Parties 100% deductible 100% deductible
Entertaining Clients 50% deductible No deduction for entertainment expenses
Event tickets, 50% deductible for face value of ticket; anything above face value is non-deductible
Tickets to qualified charitable events are 100% deductible
Business Meals e.g. Employee Travel Meals 50% deductible 50% deductible
Meals Provided for Convenience
Of Employer
100% deductible provided they are excludible from employees’ gross income as de minimis fringe benefits; otherwise, 50% deductible 50% deductible
(nondeductible after 2025)

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