News & Analysis as of

Corporate Taxes Meal and Entertainment Expenditures Tax Cuts and Jobs Act

Laner Muchin, Ltd.

IRS Shows How Difficult It Can Be To Exclude Business Meals From Income

Laner Muchin, Ltd. on

The IRS recently issued a Technical Advice Memorandum (TAM) demonstrating the level of scrutiny that the IRS will apply in the case of the business meal exclusion....more

Foodman CPAs & Advisors

IRS Guidance on Business Meals is Transitional

Foodman CPAs & Advisors on

The Tax Cut and Jobs Act (TCJA) amended Section 274 of the Internal Revenue Code (IRC) created a confusion for Taxpayers by disallowing a deduction for expenses with respect to “entertainment”, amusement, or recreation and...more

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