Article Date:
May 2021


Word Count:
1005

 

 

Deduct 100% of Your Employee Recreation and Parties


You take Bill, your best customer, to the local country club and treat him to 18 holes of golf. The golf produces a zero deduction.

 

Compare this.

 

You take your employees and their spouses and children to the local country club, where they play golf and tennis; swim; and enjoy lunch, dinner, and snacks.

 

The cost of the country club meals and activity produces a 100 percent tax deduction.1

 

In this article, you will learn the following:

 

·

What it takes to qualify an employee party for the 100 percent deduction

·

What types of employee entertainment qualify for this 100 percent deduction

·

How tax law defines entertainment that’s primarily for the benefit of employees ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Password


Log In Send me my password

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
Clicky