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Which of the following is a true statement? A taxpayer can only deduct a meal for a client if business is discussed during the meal.
Which of the following is a true statement?
A taxpayer can only deduct a meal for a client if business is discussed during the meal.
An employer can only deduct half of any meals provided to employees.
The cost of business meals must be reasonable.
Meals are never deductible as a business expense.
None of these is true.
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