How to Properly Document Meal Deductions

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ABOUT JASMINE DILUCCI, JD, CPA, EA

Jasmine DiLucci has specialized in tax since high school when she first became licensed to represent taxpayers before the IRS.

Now as a tax attorney and CPA, she works with individuals and business owners across the nation to on Tax Planning, CFO Advisory, and IRS Tax Resolution

How Jasmine Got Here…

18: Became an Enrolled Agent, licensed to represent taxpayers before the IRS.
22: Earned an Accounting Degree and a Master’s in Finance.
23: Became a CPA
24: Stepped into leadership as she took over her own CPA firm
26-28: Juggled full-time studies at SMU Law while she was growing her CPA firm.
28: Graduated from law school 4th in her class and became an Attorney, all while managing her CPA firm.
29-31: Expanded her CPA firm to seven figures, with a focus on delivering top-notch service and exceptional value to every client.
32: Launched Tax Leverage to offer free online education and combat the rise of “tax gurus,” aiming to provide real, accessible tax knowledge.
Today: She’s dedicated to running her firm and leveraging her expertise to educate and empower others, helping individuals and businesses navigate the complexities of taxes and finance.

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Disclaimer: This information on this channel is for educational purposes only and does not constitute professional legal or tax advice.

# # #jasminedilucci

[peterpeter-ftdf]

In many people minds they try hard to evade but will often find out the juice isn't worth the squeeze when the irs come for a cut.

[TheFinalCutBro]

Sooo… were you able to write-off the food for this video?

[TriCountyMotorsEastman]

I have been told to write on the back of the receipt who was there at what specifically was discussed. That way, you have the documentation of the reason with the receipt

[MichaelOrtega]

One way you can get around this is if you specifically go to another state or another country and meet up with a client that’s not related to you in any way possible. Having a meal with a client that has no relationship with you specially if you talk business and there’s some type of contract that you’re discussing is one great way to justify the meals you spent during the trip. This type of things are very pricey and you’re not likely to do it too many times therefore you can go ahead and justify it because 99.9% of the time it will be justifiable. It makes no financial sense to go to such an extent just to be able to deduct a meal…unless it was legitimate, and that’s the argument…

[Evan-mgzz]

The shorts have evolved into skits! Great stuff love your channel and the info you put out

[NathanPoeRealtor]

I had a CPA tell me to switch my mindset from we talked about work at lunch TO WE HAD A BUSINESS MEETING AT “X” AND THERE WAS FOOD THERE.

[seventh]

Anyone in my life who tells me “I learned this new trick on social media” ceases to have my attention unless it’s a recipe…and frankly even then it’s suspect. This channel is one of the few I enjoy because she’s out here debunking the bunk. And it’s fun to watch her say “ACTUALLY…” 😂

[FissyTV]

Seee the thing is, she is a HONEST TAX LAWYER, huge emphasis on the word honest. Most accountants I’ve dealt with are all bullshitting the numbers. If your accountant doesn’t play ball, your more then likely never going to succeed to depths that you think. Two things in life I praise, my accountant and my doctor, they do gods work, I got both on speed dial.

[Ihatdits]

All I could think the whole video was "damn, what a cool jacket" lol😂

[WilliamImhof]

she is amazing at her advice and I for one, appreciate it. If it's ordinary and part of business probably fine. Overall, if you're going for meal expenses, talk to your CPA about it.

[jshepard]

It's so refreshing when someone knows something these days. Thank you.

[BurpleBrink]

I think I just found my new favorite person

[dans]

Filters go crazy on this video. Looks like a dream sequence in a movie.

[latoyatangelo]

This one was well explained…I’m in The Bahamas so USA tax law doesn’t apply to me but I totally understood this one.

[jeremyedwards]

These videos just reinforce my desire for a flat tax.

[googleispartnewworldorder]

What a great page she nailed it can’t believe nobody has been doing this

[cibgnzc]

I like this one, defend her at all costs.

[LeetHaxington]

This is a lot better explaining the problem and starting to get to workarounds than other videos have been

[dthomason]

Taxes shouldn’t be this difficult. All these rules are overwhelming.

[JustinHyneswashplant]

More content like this specifically please. Love the topic of business expenses and how to properly document them