Tax Deductions
Posted: Fri Apr 13, 2018 12:40 pm
Howdy to all my friends in business. I am sure you are aware of this change in the tax laws. If not, here is a good outline:
http://www.sandiegouniontribune.com/bus ... story.html
"Before this year, a business could deduct 50 percent of the cost of a ticket to an event when entertaining clients, whether for a White Sox game, a concert or a theater performance. But under the tax reform act passed last year, that deduction is gone, although companies are still permitted to deduct 50 percent of the cost of businesses meals, including those that involve entertaining clients."
http://www.sandiegouniontribune.com/bus ... story.html
"Before this year, a business could deduct 50 percent of the cost of a ticket to an event when entertaining clients, whether for a White Sox game, a concert or a theater performance. But under the tax reform act passed last year, that deduction is gone, although companies are still permitted to deduct 50 percent of the cost of businesses meals, including those that involve entertaining clients."