On April 8, 2021, the Internal Revenue Service (IRS) issued Notice 2021-25 that provides guidance on the temporary exception that allows a business a 100% deduction for food or beverages from restaurants. Beginning January 1, 2021, through December 31, 2022, businesses can claim 100% of their food or beverage expenses paid to restaurants as long as the business owner (or an employee of the business) is present when food or beverages are provided and the expense is not lavish or extravagant under the circumstances. Per the IRS, under the temporary provision, restaurants include businesses that prepare and sell food or