Last month, you learned that the words “entertainment facility” mean you have to pay attention if you want to deduct a beach house, ski chalet, yacht, hunting cabin, or other entertainment facility.
In Part 2 of this article, you’ll learn how you benefit when you treat use of the facility as compensation to the user and why the user will look favorably on this treatment.
Why People Smile
Let’s start with an easy example. Sam, your employee, does great work for you this ... Log in to view full article.