Food, Beverage, and Entertainment Expensing After Tax Reform (ELEX)

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Online registration for this course is now closed. Please contact the Member Service Center at
(800) 342-3197 if you wish to inquire about registering.

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Overview

2.0 Credits
ONLINE

The Tax Cuts and Jobs Act of 2017 made significant changes to a taxpayer's ability to deduct entertainment expenses, including meals. This program is a two-hour intensive webinar on the changes recently made to the deductibility of entertainment expenditures that practitioners will need to advise their clients.

Objectives

  • Understand the new changes to the tax rules relating to the deductibility of expenses relating to client and employee entertainment, food and beverages, and qualified transportation expenses resulting from the Tax Cuts and Jobs Act of 2017

Major Topics

  • New rules relating to the deductibility of activities considered entertainment, amusement, or recreation and membership dues/professional dues
  • Deductibility of food and beverage expenses
  • Qualified transportation expenses
  • Deduction for facilities expenses

Designed For

Tax practitioners who anticipate advising clients with respect to client and employee provided entertainment expenses, professional dues and entertainment facilities

Prerequisite

A basic understanding of the tax rules relating to individual income tax

Advanced Preparation

None