Changes to Deductibility of Meals and Entertainment Expenses Post-New Tax Law

Written and Reviewed by Reed Tinsley | January 23, 2018

 


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)

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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