Meals & Entertainment: What is Deductible and What is Not?
Posted by: admin on: 27 Dec, 2008
- In: Entertainment
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the most common deductions are for business meals and entertainment. However, people are often confused about whether the costs are fully deductible, partially deductible or not deductible to the general rule of all.50% DeductibleThe deduction for meals and spending of representation is that 50% of the cost is deductible fixes The following requirements are met. [...]
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