Did you know that Uncle Sam is a party animal and wants you and your employees to be party animals too?
That’s right. As you’ll learn when you read my new article, contrary to popular belief, you can deduct 100% of some employee entertainment expenses — if you follow a few simple rules.
Sure. I know that business-entertainment deductions are generally capped at 50%. But you can deduct 100% of your recreational entertainment expenses if they primarily benefit your employees!
Want to take them on a three-day party to Florida or San Francisco? Go ahead… but before you pack, read my new article titled Tax Tips: The Easiest and Funnest Deduction You’ll Claim This Year: 4 Rules for Writing Off Employee Outings—100%!
Three ways our fact-filled article can help you:
- We’ll show you how to handle different types of expenses. This is important! Food and drink expenses are handled differently than purely entertainment We’ll give you the full scoop when you read the full article.
- You’ll learn why you can ignore some usual IRS rules. Forget about “directly related to business” tests. To deduct 100% of your expenses, you need to make the employee entertainment a recreational You’ll get the full details when you read the full article.
- We’ll tell you what to watch out for. You can deduct entertainment expenses as long as you don’t favor highly compensated employees! Your trip has to be primarily for employees who aren’t making the big bucks. We’ll give you all the facts when you read the full article.