Amelio

tax and audit software

Meal and Entertainment Expense Changes Under New Tax Reform

Entertainment The Tax Cuts and Job Act (TCJA) eliminates the deduction for entertainment expenses, including activities such as taking a client or a prospect to sporting events, the theater, movies, concerts, and amusement parks. The act also eliminates deductions for expenses incurred for entertainment facilities (for example, a stadium suite or skybox) and for amounts …

Meal and Entertainment Expense Changes Under New Tax Reform Read More »