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The IRS Clarifies the Temporary 100% Meal Deduction for 2021-2022
Under the Consolidated Appropriations Act, 2021, business expense deductions for Meals (normally limited to 50%) are temporarily allowed at 100% under specific rules.
Paycheck Protection Program Extension Act Now Law
On Saturday, July 4th, 2020 President Donald Trump signed into law The Paycheck Protection Program Extension Act.
