Tax reform – Business Meals and Entertainment deductions that survived the cut
Tax reform – Business Meals and Entertainment deductions that survived the cut https://rockcreekcg.com/wp-content/themes/corpus/images/empty/thumbnail.jpg 150 150 Pauleen Miller https://secure.gravatar.com/avatar/973a7b183816ab690817ef5b070658aa?s=96&d=mm&r=gBad news: The tax reform wiped out the business –entertainment deductions. Which means you can no longer deduct business related entertainment expenses like business meals, dinner with clients, taking a client to a ballgame, etc. These entertainment expenses are completely nondeductible, regardless of whether they are directly related to or associated with the taxpayer’s business…
read more