Category: Investment

Meals and Entertainment are surprisingly under-explained. 

Meals and Entertainment are surprisingly under-explained. Let’s start with the basics: https://www.law.cornell.edu/uscode/text/26/274 explains the basics of what can be deducted https://www.federalregister.gov/documents/2020/02/26/2020-03723/meals-and-entertainment-expenses-under-section-274 explains in details https://www.ustaxcourt.gov/UstcInOp2/OpinionViewer.aspx?ID=11982 Court Case Fitch v Commr.…

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