Create a deduction for an “entertainment facility”

Do you use any of the following for business entertaining?

yachts + hunting lodges + fishing camps + swimming pools + tennis courts airplanes + apartments + hotel suites + or similar facilities

If you do, you may be able to deduct the use of these “entertainment facilities” and reduce your tax bill. But be careful! The IRS can be tough on these deductions which is why smart tax planning is so important.

Want to find out more about how to create write-offs that stand up to the closest IRS scrutiny? Then read my fact-filled new article titled Tax Tips: Creating Tax Deductions for an Entertainment Facility.

Three ways our fact-filled article can help you:

1. We’ll warn you about Internal Revenue Code Section 274. It’s the part of the tax code that spells out what the IRS disallows with respect to entertainment. We’ve plowed through it and will share our insights with you when you read the full article.
2. We’ll tell you how Blanche and Harry Mellon beat the IRS at tennis. Blanche and Harry Mellon own 100% of Tennis Now, Inc., an S corporation that operates a tennis club. Thanks to smart tax planning they aced the IRS and got a nice deduction. We’ll tell you how when you read the full article.
3. You’ll learn why careful planning is so important. If you want to take advantage of all the entertainment deductions you’re entitled to, you need to structure your business correctly. We’ll show you how when you read the full article.