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Small business owners are often confused about what is tax deductible when it comes to meals and entertainment (aka 'M&E') expenses! That's OK, Hannah is here to clear everything up. What is tax deductible in 2023? This video will explain all and some exceptions to watch out for in order to deduct more! In this video, you will find: 0:00 Introduction to Meals and Entertainment 0:34 Subscribe to the channel please! 1:00 Entertainment 2:50 Dues and Memberships 3:35 Meals 5:50 Reimbursement Exemption 7:10 Employee Recreation Exemption 8:40 Meals for Marketing Exemption Read more about Meals and Entertainment Expenses and what the IRS deems deductible in Publication 463: https://www.irs.gov/pub/irs-pdf/p463.pdf To learn more about CFO services, go to: https://claracfo.com/cfo-services/ 💲 Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! https://claracfo.com/QBO 🙋♀Got Employees? Talk to ADP! They can help you if you are a small business owner or an accountant or advisor who works with small businesses. Learn more here: https://claracfo.com/adprun 💸Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! https://claracfo.com/melio (As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases) Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/ Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience. CODE: ZY4FNLDMHC6UD0WO, X8DBYCUCFHYKTKWB