X
07Mar

IRS Issues Favorable Taxpayer Guidance on Business Meal Deduction

Murtha Cullina | | Return|
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

FTC Challenges Long-Term Non-Competes in Connection with Merger

The Federal Trade Commission has issued an administrative complaint challenging Axon Enterprise, Inc...

Read More >

Different Types Of Construction Work: Chapter 56 vs. Chapter 53 And Why It Matters

If you are involved in the construction industry, you have probably heard of or dealt with mechanic’...

Read More >

New Jersey Creates Employment Protections for Medical Cannabis Patients and Providers

As of July 2, 2019, New Jersey has extended workplace protections to employees and healthcare practi...

Read More >

M&A Preparation Tips for Businesses: Part 1 (Buyers’ Guide)

When a reporter from the Central Penn Business Journal recently interviewed us for the publication’...

Read More >

COVID-19: Key Issues and Responses for Employers

All of us are, of course, concerned about what “Coronavirus Disease 2019” (COVID-19) will mean for...

Read More >

[Video] The Use of Monitors by State Attorneys General Part II:  Reaction to the Big Tobacco Settlement and Criticisms of State Attorneys General

In this five-part podcast series, I consider the use of monitors by state Attorneys General. I am jo...

Read More >