Denise HueFeb 28, 20201 minOperating 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 facili...
Denise HueFeb 28, 20201 minEntertainment 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 is...