EAT - NETWORK - DEDUCT
Deduct your meals even if you are a solopreneur
MEALLZ ARE TAX DEDUCTIBLE
Self-employed individuals can deduct the cost of business meals that are directly related to their work. This includes meals with current or potential business customers, clients, consultants, or similar business contacts. The meal doesn’t have to be fancy or formal; it can be any lunch where work is discussed. The IRS allows a deduction of up to 50% of the cost of these meals.
However, it’s important to keep records of these meals, including who was present and the business purpose of the meal. Please note that tax laws can change and it’s always a good idea to consult with a tax professional or the IRS for the most current information.
MEALLZ HELP YOU MAKE THOSE CONNECTIONS
Meallz is a network of communities around the US that connect small business owners. You simply join the community and look for opportunities in your area to meet up with other small business owners to eat a meal. When you meet, you talk about what you do, document the conversation, and take advantage of the meal benefit the IRS “kindly” gives to your small business.
You make the connection, we make it easy to document your meeting and provide documentation to the tax man at the end of the year.
MEALLZ LEAD TO BUSINESS RELATIONSHIPS
Networking Opportunities: Business meals provide an excellent platform for networking. You have the chance to meet individuals who share your interests, goals, and expertise. These interactions can lead to meaningful conversations that translate into real business opportunities down the line.
Learning and Insights: When you dine with others, you gain insights into industry trends, advancements, and best practices. Conversations during meals can be rich with information, allowing you to learn from experienced professionals and stay up-to-date.
Learning and Insights: When you dine with others, you gain insights into industry trends, advancements, and best practices. Conversations during meals can be rich with information, allowing you to learn from experienced professionals and stay up-to-date.
Building Relationships: Sharing a meal creates a more relaxed and personal environment. It’s easier to connect with people when you’re not in a formal meeting. Building relationships over food can lead to lasting partnerships, collaborations, and valuable referrals.
Business Etiquette: Properly conducted business meals demonstrate your professionalism and understanding of social norms. Following dining etiquette shows respect for your guests and leaves a positive impression.
Targeted Networking: Take a proactive approach by reaching out to people you haven’t met yet. Attend industry events, conferences, or arrange one-on-one meals with key individuals. By targeting specific contacts, you can strategically expand your network.
Remember, it’s not just about the food—it’s about the connections you make and the doors that can open as a result. So, during your next business dinner, engage in meaningful conversations and build those valuable contacts!
HOW MEALLZ WORKS
Browse the community in your area and look for something interesting
We have broken down the communities to be commuting-friendly. If you see something in your area or an area you plan to be during the day, simply select it and RSVP.
Put the meeting on your event calendar. You just simply show up and log your meal.
No problem, we don't take attendance, we just create a way for you to document it and deduct it! Just don't leave people hanging.
At the meal, you simply document the date, time, location, who was there, what you talked about and the cost of your meal. A record of the email is conveniently sent to your email.
At the end of the year, simply take your electronic record of the meals and deduct them according to IRS guidelines