Posts tagged with: tax reform

The business deduction for meals & entertainment expenses has been changed. Congress has historically been skeptical that businesses claim expenses for activities that are unrelated to their essential functions.  As a result, entertainment expenses are no longer deductible but meal...
Continue Reading →
House lawmakers passed the Tax Reform 2.0 bill on Friday, September 28th.  The bill amends the Internal Revenue Code of 1986 to promote new business innovation, make permanent certain provisions of the Tax Cuts and Jobs Act affecting individuals, families, and...