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Article Date:
June 2006

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100% Deductible Entertainment

I gave some of my referral sources spectator tickets to the Booz Allen professional golf tournament in Washington, D.C. Since the tickets were expensive, I want to make sure I’ve got this right: Because Booz Allen puts this tournament together to benefit local charities and because the net proceeds go to charity, I can deduct 100% of the ticket cost. Further, this is true even if I don’t go to the tournament with the referral sources. Do I have this ... Log in to view full article.

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