IRS Issues Favorable Taxpayer Guidance on Business Meal Deduction
By EsqSocial Corporation 06/03/20
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