Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
February 2014

Word Count:



Tax Deductions for Entertainment Facility; Part 4, Vacation Home

Here is a bit of good news: your vacation home can produce business deductions.


But you need to avoid having your vacation home classified as an entertainment facility in order to qualify for business deductions.


Entertainment Destroys Deductions


The U.S. court system is based on precedent. If a court such as the full Tax Court generates precedent and says something is true, then the next case in that court with similar facts generally follows the first ruling. In the court system, this has the formal name of stare decisis.


Because you are a business taxpayer, precedent ... Log in to view full article.

Already a subscriber?
Email Address

You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee

Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development