Name: How to Deduct Meals and Entertainment Expenses | Videos | Gan Jing World
Uploaded: 2024-05-09T12:56:31.619Z
Duration: 10 min 35 s
Description: Joe Collins, CPA, CA unravels the complexities of claiming meals and entertainment expenses. Learn what you can deduct, how it works and how to avoid trouble wi... | Videos | Gan Jing World

Avalon Accounting

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Joe Collins, CPA, CA unravels the complexities of claiming meals and entertainment expenses. Learn what you can deduct, how it works and how to avoid trouble with the CRA.

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🎥 CONTENTS OF THIS VIDEO

00:00 - Intro
00:46 - When Can You Deduct Meals and Entertainment Expenses?
01:03 - General Deduction Criteria Explained
01:47 - Meals and Entertainment Expense Examples
03:25 - Meals and Entertainment - Understanding the 50% Rule
04:07 - 100% Deductible Meals and Entertainment
05:28 - Practical Implications
06:10 - How to Document Meals and Entertainment Expenses
08:56 - Travel Meals and the Common Misconception

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