Biz Write-Offs LogoBiz Write-Offs

Company holiday party

$1,000-$25,000

Can You Write Off Company Holiday Party?

Short answer: Yes, 100%: holiday parties and picnics open to all employees are an exception to the 50% meal limit.

Parties only for owners or highly paid staff don't qualify for the 100% rule.

Records to keep: Keep receipts or invoices, proof of payment, and a short note of the business purpose.