The Tax Cuts and Jobs Act, enacted at the end of 2017, changed the federal tax rules governing the deductibility of client meals and entertainment.
This Bottom Line videocast considers the following questions:
- Can client meals be deducted? Are they entertainment?
- What should employers do now in light of this rule change?
- What guidance can be expected on this issue?
Adam B. Cohen, Eversheds Sutherland
Ryan M. Session, Eversheds Sutherland
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