Hi Amanda, I enjoyed reading your post. The meal expense was a great example of a permanent book-tax difference.
It was interesting to learn from reading the article you cited in your post that the purpose of the temporary change from a 50% business expense to 100% is to help generate business specifically for restaurants that have been struggling due to the government shutdown and suspension of indoor dining COVID-19[ CITATION The21 \l 1033 ].
The article also gave what I thought were very good suggestions to avoid catching the IRS’s attention. Make sure the meal is not lavish/extravagant.
Be sure a substantial business discussion takes place before, during, or after the meal. Be sure there is a business purpose for the meal.
The cost of the meal cannot be included in an entertainment-type ticket and have an owner of the business attended the meal [ CITATION https://www.solvedcollegepapers.com/product/acct-311-acct311-acct-311-ook
https://www.solvedcollegepapers.com/product/acct-311-acct311-acct-311-c5t
