Leave it to the IRS to put you smack in the middle of two conflicting tax laws!
- One law denies your deductions for personal meals
- Another law allows meals as tax-deductible entertainment
When the IRS and/or the courts invoke the infamous “Sutter rule,” you lose your business meal deductions to the extent that they don’t exceed the cost of your personal meals.
Confusing? Of course it is. We’re talking about the IRS! Which is why we’ve decided to explain everything in easy-to-understand language in my new article titled Tax Tips: Protect Your Tax Deductions for Business Entertainment Meals.
Three ways our fact-filled article can help you:
- We’ll provide a clear explanation of the important Sutter rule. This rule, named after a case involving a certain Dr. Sutter, can have a huge impact on the deductibility of your business meals. Don’t miss the information we’ve got waiting for you when you read the full article.
- You’ll learn how to avoid triggering the Sutter rule. The IRS invokes the Sutter rule whenever it likes. No standards exist. But there are ways to stay out of Uncle Sam’s gunsight. We’ll tell you what they are when you read the full article.
- You’ll learn what your best defense really is. Your legitimate entertainment-meal expenses are under attack. And if you ever have to fight the Sutter rule you need to know how to defend yourself. We’ll show you how when you read the full article.