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IRS updates guidance on business expense deductions for meals and entertainment

WASHINGTON — The Internal Revenue Service issued proposed regulations on the business expense deduction for meals and entertainment following changes made by the Tax Cuts and Jobs Act (TCJA). The 2017 TCJA eliminated the deduction for any expenses related...

  • February 24, 2020

Meals and Entertainment

Inside This Issue Here is a video tax tip from the IRS:  Meals and Entertainment English | Spanish | ASL Subscribe today: The IRS YouTube channels provide short, informative videos on various tax related topics in English, Spanish and...

  • December 13, 2019