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Bookkeeper_Lynn_2024
Level 1

Food for Hosting Networking Event 100% Deductible

Hello,

I hosted a networking event at a restaurant for current and potential clients. Can I deduct the cost of the food at 100%? I own an S-Corp with no employees. I am not on payroll.

Thanks.

2 Comments 2
Rainflurry
Level 15

Food for Hosting Networking Event 100% Deductible

Bookkeeper_Lynn_2024
Level 1

Food for Hosting Networking Event 100% Deductible

Thank you @Rainflurry for your response and the link to the website. Could this be considered a marketing expense that could be deducted at 100%? My business spent several thousand dollars. 

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