Surgent's Food, Beverage and Entertainment Expensing
Valid for one year from purchase date
Self-study - On-Demand
2 CPE (2 technical) | 2 IRS CE
Course code: 24SS-0171
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If your organization is exempt
from sales tax, call us at 952-831-2707 to complete your purchase.
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The IRS has recently issued final regulations regarding the TCJA's elimination of the deduction for expenditures related to entertainment, amusement, or recreational activities and provided guidance to determine whether an activity is considered to be entertainment. The final regulations also addressed the 50% limitation on the deduction of food and beverage expenses and when the 50% limitation does not apply. Due to the pandemic, Congress changed the rules for 2021 and 2022 to allow for 100% deductibility for meals. To effectively advise clients, it is imperative for tax practitioners to understand these rules and be updated on the latest guidance.
Major subjects
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Special rules for 2021 and 2022 allow 100% deductibility for meals
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IRS rules relating to the nondeductibility of activities considered entertainment or amusement
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What constitutes entertainment for tax purposes?
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When are meals deductible and at what rate once the special rules applicable to 2021 and 2022 no longer apply
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When employers may deduct food and beverages provided to employees
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Special rules for per diem meal payments for 2021 and 2022
Learning objectives
-
Understand the new rules relating to the deductibility of expenses associated with meals, entertainment, and food and beverages that employers provide to employees
Who should take this program?
- Tax practitioners who anticipate advising clients with respect to employer meals and entertainment expenditures
Pricing
|
Standard Member Fee |
$89.00
|
 Standard Nonmember Fee |
$89.00
|
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nonmember.
If you register, you will be charged
$89.00
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If your organization is exempt
from sales tax, call us at 952-831-2707 to complete your purchase.
Add to cart
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (2.0)
Level
Basic
Format
Self-study - On-Demand
Sponsor
NASBA ID#: 103212
Prerequisites
Prereq.
A basic understanding of the tax rules relating to individual income tax
Advance
prep
None
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April 11, 2025 | Guide to Deducting Travel, Meals and Entertainment Expenses | Webinar
April 29, 2025 | Guide to Deducting Travel, Meals and Entertainment Expenses | Webinar
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