07Mar
IRS Issues Favorable Taxpayer Guidance on Business Meal Deduction
The 2017 Tax Cuts and Jobs Act (the “TCJA”) eliminated the 50% deduction for any expenses related to business entertainment, amusement or recreation activities. On February 21, 2020, the IRS issued proposed regulations that address the elimination of...
By:
Murtha Cullina
Source Url: https://www.jdsupra.com/legalnews/irs-issues-favorable-taxpayer-guidance-53048/
Related
On December 19, 2019, the federal government announced that proposed changes to the tax treatment of...
Read More >
At both the state and federal level, antitrust enforcement agencies continue to pursue successful ch...
Read More >
Senior Female Employees Were Passed Over for Credit Union's Top Job in Favor of a Younger, Male Appl...
Read More >
As businesses continue to adapt to COVID-19, so does the process and focus on M&A activity in this n...
Read More >
The ARB recently affirmed the dismissal of a whistleblower retaliation claim under Section 806 of SO...
Read More >
M&A in the US oil & gas sector slowed in 2019, with 190 deals worth US$158 billion, down 38 percent ...
Read More >