Business Meals are Deductible Again, But Not Entertainment, Says IRS – CPAPracticeAdvisor.com

Posted on Oct 11 2018 - 3:56pm by Zennie Abraham
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CPAPracticeAdvisor.com
Ending months of speculation, the IRS has issued new guidance that allows business deductions for certain business meals, despite restrictions imposed by the new Tax Cuts and Jobs Act (TCJA) on entertainment expenses (IRS Notice 2018-76, 10/3/18).

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Source:: Entertainment News From Google News

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Zennie Abraham | Zennie Abraham or "Zennie62" is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.

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