Policy Title:

Business Meals & Entertainment

This policy is under Revision and Review 4/2017. Business meal and entertainment expenses may be allowed if ordinary, necessary, and reasonable. The main purpose of the expense must be the active conduct of business with the general expectation of generating revenue or other specific business benefit at some future time. Engagement in business should exist directly before, directly after, or within the entertainment period.

Full Document:

Policy Category: Financial

Policy Owner: Office of Finance

Review Period: Two Years

Effective Date: April 1, 2017

Applicable Resources:

Accounts Payable Guidelines

Travel Expense Reimbursement Form

IRS Publication 463, Travel, Entertainment, Gift, and Car Expenses, chapter 2 Entertainment

IRS Publication 463, Travel, Entertainment, Gift and Car Expenses, Chapter 6 How To Report

IRS Publication 15-B, Employer's Tax Guide to Fringe Benefits, De Minimis (Minimal) Benefits