Operating Costs of Entertainment Facilities Still Nondeductible.
The Tax Cuts and Jobs Act does not change the prior law rule disallowing a deduction for the expenses of maintaining and operating...
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Denise Hue
- Feb 28, 2020
- 1 min
Entertainment Expenses No Longer Deductible but IRS Clarifies Deduction of Meal Expense
Under the Tax Cuts and Jobs Act, a business expense deduction is no longer allowed for most entertainment expenses after 2017. The IRS...
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