Article Date:
July 2013

Word Count:



Test Your Tax IQ: Can Charity Double Entertainment Deductions?



Chip Schott is an avid golf fan.


And so is his biggest client, Ho Lin Wan.


So when Chip finds out the PGA Tour is holding a tournament at a nearby country club, he invites Ho.


Tickets to Sunday’s final round cost $300 a pop, but the fact that 100 percent of the event’s proceeds go to various local charities takes the edge off Chip’s buyer’s remorse—as does knowing that the $600 includes parking and a champagne brunch before tee-off, which we’ll assume constitute 33 percent of the value of each ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


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

Bradford Tax Institute

Subscription Services
4040 Civic Center Drive, Ste. 200
San Rafael, CA 94903
Telephone: (415) 446-4340
1701 Pennsylvania Avenue, N.W., Suite 300
Washington, DC 20006
Telephone (202) 652-2293
Fax (202) 580-6559
© 2024 Bradford Tax Institute