#BookkeepingTip: Meals + Entertainment Deduction
Along the same vein of yesterday's tip comes today's tip about those meals and entertainment with clients only being 50% deductible!
But don't let this stop you from enjoying this fun aspect of your business if you and your clients love it! Do it anyway!
It's a great way for you to make connections with clients that you may have only met in the online space.
For instance, I had been working with a client for nearly two years and we'd never actually met in person. I happened to be in her city so we met up! I covered the bill and it really helped solidify our relationship that much more. She laughed when I wrote 'Client - [her name]' on the receipt and snapped a picture before leaving the table. We got a laugh over me practicing what I teach 😆