Which of the Following Is a True Statement

question 94

Multiple Choice

Which of the following is a true statement?

• A) An employer can only deduct half of any meals provided to employees.
• B) The cost of business meals must be reasonable.
• C) A taxpayer can only deduct a meal for a client if business is discussed during the meal.
• D) Meals are never deductible as a business expense.
• E) None of the choices are true.