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

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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