2019 Deduction Changes

By: M.Alequin


New tax law on meals and entertainment deduction


Type of Expense


Entertaining clients (concert tickets, golf games, etc.)

0% deductible

Business meals with clients

Note: Receipts, customer name and purpose must be recorded

50% deductible

Office snacks and meals

100% deductible

  • Food and drinks provided free of charge for the public for promotional events.
  • Food included as taxable compensation to employees and included on the W-2
  • Company Wide Party

100% deductible

Travel Meals 

50% deductible


State taxes and real estate taxes deduction change (SALT)

Starting in 2018, taxpayer's limitation on the Taxes deduction is only $10,000. This includes state and property taxes.

. Taxes limitation= $10,000

Note: This tax law provision is scheduled to expire after 2025.

Top tax rate for 2021 is 37% on any taxable income $628,300 for MFJ; for Single & HH is $523,600 and for MFS is $314,150 or more.


 Standard Deduction for most taxpayers 

    Tax Year




      Filing Status

Standard deduction

Standard Deduction

Standard Deduction

Single or Married Filing Separately







Married Filing Jointly




Head of Household






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