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
Colorado has been making headlines with several noteworthy new laws and regulations. This Lightbulb ...
Read More >
Many clients have asked about the state of federal antitrust enforcement during the current pandemic...
Read More >
In Far East Square Pte Ltd v Yau Lee Construction (Singapore) Pte Ltd [2019] SGCA 36 (Far East v Yau...
Read More >
The IRS recently released final regulations making a number of changes to the rules applicable to ha...
Read More >
Since its advent more than 30 years ago, the 3D printing market has grown, and will continue to expa...
Read More >
Having litigated construction disputes for almost 20 years, the issue of entitlement often turns on ...
Read More >