Under the new tax law, “Meals provided for the convenience of the employer” are only 50% deductible beginning this year. After 2025 they will be non-deductible.
Here is a website that has some more information: https://www.schencksc.com/education-center/articles/2018-meals-and-entertainment-deductions
[SIZE=4]Meals for convenience of employer – 50% deductible[/SIZE]
This is a separate account because these become 0% deductible in 2025 and this prevents having to change accounting and expense reporting systems in the future.
Meals served to employees who are required to staff their positions during breakfast, lunch, and/or dinner times; meals served to employees at in-office cafeterias;
Food and meal costs for employees who are required to live on premises for the convenience of the employer.
Was anyone offering a free meal for employees during their shifts? Does anyone know if such meals (or the 50% portion of) are now a taxable benefit for the employee too? How the heck did I miss this until now??