Writing Off Entertainment-
Federal Vs. State

If you're a business owner, you're likely aware of the change in rules for writing off entertainment per the IRS. In fact, the IRS Pub 463 no longer discusses entertainment since it's is not federally deductible anymore. Even the title has changed to exclude "Entertainment".

If you would like more information about planning your S corporations' health insurance benefits, click here to schedule an appointment with one of Gold Standard's seasoned tax accountants.

Contact us: 
[email protected] | CA (760) 888-6247 | NY (845) 237-4060

Copyright © Gold Standard Tax & Accounting. All Rights Reserved.