THOUGHT LEADERSHIP PERSPECTIVES
BY JULIA ZIECHMANN, JD, LLM
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The Elimination of Entertainment Expenses Deductions

Entertainment expenses are no longer deductible; however, meals remain deductible and are still subject to the 50% limitation. For example, if you take a client to a baseball game—and purchase tickets, hot dogs, and drinks—the cost of the ticket is not deductible, but the hotdogs and drinks are allowed as a deduction subject to the 50% limitation.

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