You're the expert at what you do for a living, but business expenses and tax codes can feel like a labyrinth of twists and turns that leave even the most seasoned entrepreneur feeling a bit lost. While familiar categories like travel, meals, and lodging may be the first to spring to mind when you think of business expenses, the path to claiming deductions isn't solely paved with those classic staples. The ever-shifting complexities of tax codes and regulations require businesses to get granular with what qualifies and what doesn't.

On August 12, 2022, the U.S. Congress passed the Inflation Reduction Act of 2022, which essentially changed how corporate income taxes are calculated. Not surprisingly, changes to the tax code raise new questions: who will be affected?

Have you missed socializing and having business meals with your prospects, customers, and employees? Also, the holidays are coming up - will a year-end holiday meal to gather employees and their families be tax deductible?