Meals and Entertainment Expenses for 2018

The new tax act eliminates any deductions for business client entertainment such as event tickets, golf games, tickets to charity events, football games, etc. However social and recreational activities for the benefit of all employees like holiday parties and summer picnics are still 100% deductible. Business meals for all employees should fit in the 100% deductible category under the social and recreational activities for the benefit of all employees. Travel business meals for employees are 50% deductible as before. The deductiblility of client business meals is uncertain. If such meals are considered entertainment, then they are not deductible. In the absence of further guidance from the IRS or court decisions, I believe they are still 50% deductible.