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Meals-Gifts-and Entertainment Rules New Guidance Sole Proprietorship

Holland & Knight LLP

NBAA Article Explains IRS Stance on Entertainment Disallowance for Sole Proprietors

Holland & Knight LLP on

The Internal Revenue Service (IRS) recently released Chief Counsel Advice (CCA) 2021-17-012 to explain that sole proprietor flights are generally not subject to the employer-provided aircraft rules in Internal Revenue Code...more

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