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KM Council 2017 FALL LUNCHEON AND LECTURE
Friday, October 6, 2017, at the Champaign Country Club
11:15 Adam Council General Meeting12:00 NoonLuncheon12:45 MDR. Allyson Purpura, KM Senior Curator and
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Form Luncheon Cost Is is a document used to report expenses related to business luncheons and meals that qualify as tax-deductible according to IRS guidelines.
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Businesses and organizations that have incurred costs for client meals and entertainment related to business activities are required to file Form Luncheon Cost Is.
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The purpose of Form Luncheon Cost Is is to document and substantiate expenses for meals and entertainment to ensure they are eligible for tax deductions.
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The required information includes the date of the meal, location, participants, the business purpose of the meal, and the total cost.
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