Are Entertainment Expenses Still Deductible?
Submitted by Ferguson Financial Inc. on April 9th, 2018
Yes, but only in certain contexts.
You may have heard that the Tax Cuts & Jobs Act eliminated nearly all possibilities to write off business entertainment expenses. That is not quite true. You may be able to claim a deduction for such expenses today, but it depends on who you are entertaining. Regardless of who you happen to entertain, you will want to confer with your CPA and consider some fine print.1
