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For information on business entertainment expenses, refer to Topic 512.
In the second change, only 50 percent of business meal and entertainment expenses will be deductible next year.
Generally, business meal and entertainment expenses are only 80 percent deductible.
But certain business meals and entertainment expenses are a fact of doing business.
And, yes, Stanford abused its right to pass on legitimate entertainment expenses.
As for entertainment expenses, "we're our own entertainment," he said.
She said a child who works or gets an allowance should be encouraged to chip in, maybe by paying for entertainment expenses.
The auditors also characterized as "lavish" some of Empire's entertainment expenses.
Because you cannot recover input tax incurred on the provision of business entertainment expenses.
But now that entertainment expenses are only 80 percent deductible, he does the entertaining in his office rather than at expensive restaurants.
Raising a child cost little more than feeding him or her; there were no education or entertainment expenses.
The rules would bar everything from travel and entertainment expenses to providing staffing for college aid offices.
This requirement has long applied to entertainment expenses.
Deductions for business meals and entertainment expenses are generally limited to 80 percent of the amount incurred.
The new accounting method counted reimbursed travel and entertainment expenses as revenue.
The arrangement presumably allowed him to declare deductions ranging from wardrobe to entertainment expenses.
It is a good idea to keep a diary of entertainment expenses, including the place, date, names of the people entertained and the business reason.
Each free town was obliged to provide one pound of silver or its equivalent each year to the king for his entertainment expenses.
It argues that consumers spend a roughly constant share of their disposable income on entertainment expenses.
The speculation is that the money simply covered entertainment expenses, salaries of aides or general campaign expenses.
VAT cannot usually be reclaimed on business entertainment expenses.
The auditors said the largest amounts were paid under the hospitality category, which they interpreted as meaning entertainment expenses.
On that form, reduce your deductible meal and entertainment expenses by 50% ($250).
Abu Mussa got a hundred grand American each month just for entertainment expenses.
Positions like this one are often political payoffs for rich contributors to Presidential campaigns who can afford to supplement entertainment expenses themselves.