Tag: Tax deductions

According to IRS Publication 463, meals can be deducted when traveling away from home for business, provided they are not lavish or extravagant. Therefore, understanding what constitutes a reimbursable breakfast is crucial for employees and employers navigating expense policies and tax regulations.

For the 2025 federal fiscal year (October 1, 2024, through September 30, 2025), the standard US Meals & Incidental Expenses (M&IE) food allowance increased to $68 per day. Understanding these updated figures is crucial for both businesses managing travel expenses and individuals receiving government assistance, as food allowance for 2025 rates vary significantly across different contexts.

According to the IRS, expenses that merely benefit general health, such as most vitamins and supplements, are not tax deductible. This guide will walk you through the key distinctions and criteria to determine if your vitamins and supplements can qualify as a deductible medical expense.