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

Walk this way…to avoid the pitfalls of ERISA

Companies implement bonus plans to meet a variety of business objectives: retention, specific compa...

Read More >

WPI Wage Watch: Minimum Wage, Tip, and Overtime Developments (January 2020 Edition)

If January's minimum wage, tip, and overtime developments forecast what employers should expect thro...

Read More >

Employer Tips: Preparing for FY 2021 H-1B Season and Pre-Lottery Registration

The H-1B process for fiscal year 2021 presents employers and their legal counsel with a variety of n...

Read More >

Litigation Risk in the SPAC World

It seems that it is impossible to talk to any fund today without learning that a SPAC is planned or ...

Read More >

[Audio] Working with Training Vendors

In this episode of Excellence in Training, Shawn Rogers provides some of this thoughts on working wi...

Read More >