You can write off coffee as a business expense, but only if it meets specific IRS guidelines. To qualify, the coffee must serve a business purpose, like client meetings or networking. You’ll need to document each purchase with receipts, including details like date and purpose. Only 50% of meal expenses, including coffee, is deductible. Misunderstandings…
You can write off coffee as a business expense if it’s directly related to your business activities. The IRS allows deductions for meals and snacks consumed for business purposes, but you need to document the expense clearly. Make sure to keep receipts and note the purpose, date, and attendees involved. Also, understand the difference between…
Yes, you can deduct coffee as a business expense if it’s directly related to business activities. For instance, coffee provided to clients during meetings or supplies for employee consumption may qualify. However, you must keep accurate records, including dates, amounts, and purposes of your purchases. The IRS requires that expenses be ordinary and necessary to…