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New Limitation On Meals And Entertainment Deductions Could Lead To More SEP IRA And 401(k) Plans

By Michael Pretty much since 1986, businesses have been able to deduct 50 percent of business-related entertainment and meal expenses. Furthermore, meals provided by an employer to employees on its premises have been fully deductible. In addition, qualified transportation fringe benefits, such as work-related parking costs have been deductible to the employer. Much of this is expected […]

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Via:: EntertainmentNutz

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