The most recent IRS Taxpayer Advisory announces proposed regulations affecting taxpayers who pay or incur expenses for meals or entertainment. These proposed regulations generally follow Notice 2018-76 (PDF), issued on October 15, 2018, which provided transitional guidance on the deductibility of expenses for certain businesses. 

https://www.irs.gov/newsroom/irs-updates-guidance-on-business-expense-deductions-for-meals-and-entertainment

Your tax advisor at Sharrard, McGee & Co., PA, looks forward to discussing these proposed regulations with you and any other proposed legislation that may impact your business. Call us in High Point at (336) 884-0410 or in Greensboro at (336) 272-9777.