The business deductions landscape remains as nuanced as ever. With pandemic-era provisions expired and the proposed “One, Big, Beautiful Bill” silent on meals and entertainment, it’s critical to have clarity on the tax treatment of business expenses. Whether you’re a business owner navigating travel and meal deductions or a partner at a professional services firm managing out-of-pocket expenses, staying compliant and maximizing deductions starts with knowing the rules.
Explore our latest insights:
- Deducting Travel and Meals in 2025
Understand what is and isn’t deductible under current IRS rules. This guide breaks down 50% vs. 100% meal deductibility, travel documentation tips and more. - Tax Strategies for Partners: Deductibility of UPEs
If you’re a partner at a professional services firm, learn how to properly deduct unreimbursed partnership expenses (UPEs)—and ensure your partnership agreement supports it.
Contact Us
If you have questions about your specific situation, we’re here to help. Please reach out to your PKF O’Connor Davies client service team or:
Alan S. Kufeld, CPA
Partner
akufeld@pkfod.com | 646.449.6319