Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What kind of entertainment expenses are legitimate write-offs?

April 26, 2017entertainment expenses write-offs

0

Posted

What kind of entertainment expenses are legitimate write-offs?

1 Answer

0

Posted

Business-related entertainment expenses must be directly related to or associated with the active conduct of the business, and only 50% of the expense is deductible. Types of entertainment expenses would include entertaining at social events, sporting events, and theaters.