Freelancers: Can You Write Off Meals with Clients?

Running your own business means keeping costs down. But can you deduct the cost of that client lunch from your taxes? Let's break it down:

What's Allowed: Advertising Your Business

• Website, flyers, social media ads: These are all ways to promote your services and find new clients. The cost is tax-deductible!

• Free samples or consultations: Offering a free trial or first meeting lets potential clients experience your work. It's like a mini-ad, and you can deduct the cost (within reason).

What's Not Allowed: Just Entertaining Clients

• Fancy dinners or sporting event tickets: These are seen as "hospitality" and aren't tax-deductible, even if you talk business.

The Grey Area: Meals with a Purpose

• Quick coffee or snacks at a business meeting: This is usually okay, especially if the meeting is focused on work.

• Trade shows with refreshments: Small bites and drinks at your booth are considered advertising, so the cost is deductible.

Remember:

• Always consult a tax advisor for specific advice.

• Keep receipts for any business expenses you claim.