Objective
- Understand the new changes to the tax rules relating to the deductibility of expenses relating to client and employee entertainment, food and beverages and qualified transportation expenses resulting from the Tax Cuts and Jobs Act of 2017
Highlights
- New rules relating to the deductibility of activities considered entertainment, amusement, or recreation, membership dues/professional dues
- Deductibility of food and beverage expenses
- Qualified transportation expenses
- Deduction for facilities expenses
Designed For
Tax practitioners who anticipate advising clients with respect to client and employee provided entertainment expenses, professional dues and entertainment facilitiesPrerequisite
A basic understanding of the tax rules relating to individual income taxAdvanced Preparation
None