It is ok to take your client to lunch again!
As with most tax legislation, the Tax Cuts and Jobs Act of 2017 had many tax laws that would require the IRS to provide interpretation or implementation guidelines as to how to the new law would be enforce. One such area related to Business entertainment and meals deductibility. Initially, it was thought that all entertainment and meals would no longer be deductible. September 27, 2018, the IRS provide guidance that will allow business meals to be 50% deductible for tax pur