IT'S INTERNATIONAL BACON DAY
Hang your bacon ď‚— Hang your bacon
decorations and warm up your voice for carols! IBD is your chance to celebrate all things bacon, like peanut butter-bacon pop tarts, bacon-flavored ice cream, and bacon cocktails.
Skyline of Uptown Charlotte
ď‚— let's look at three random nuggets about food and taxes to
whet your appetite for this weekend's global celebration of all things bacon:
1.
What fun is a business meeting without food? Meals and entertainment that include a bona fide business discussion are ordinarily 50% deductible. But claiming a tasty deduction for a delicious meal doesn't have to mean eating at a restaurant.
2. Some
business meals and entertainment are 100% deductible. You can deduct 100% of your expenses for meals and entertainment for sales seminars and similar events where the meal is integral to the presentation.
3. Switching gears a bit, here's another new food hit. Taco Bell's new Doritos Locos taco is a fiesta wrapped up in a tortilla for customers and tax collectors alike. Taco Bell sold 100 million of the messy faux-Mexican creations in the first ten weeks, and still sells a million a day.
Contact Ed Lloyd and Associates 8045 Corporate Center, DR Charlotte, NC 28226, USA
Thank You