Question: Are Business-Related Meals and Entertainment Still Deductible? Answer: Fifty percent of all costs of reasonable business-related meals are deductible. Some exceptions exist. Except for limited situations and categories of expenses, entertainment costs are not deductible. After reviewing early ...
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Tax Cuts and Jobs Act SUMMARY The House of Representatives and Senate have both passed the “Tax Cuts and Jobs Act.” The compromise bill includes agreements on corporate and individual tax rates, the treatment ...
Ten 2017 Yearend Tips Influenced by The Tax Cuts and Jobs Act (“TCJA”) December 22,2017 President Trump signed the TCJA into law on Friday, December 22, 2017. Cautionary notes: The specific applications and appropriateness of ...
On December 26, the IRS issued guidance on withholding, in light of changes to withholding tables and systems needed to conform with the Tax Cuts and Jobs Act, effective January 1, 2018. Please see the language ...
