If You Follow the IRS Rules, Your Business Party or Event Can Be Tax Deductible
Business events and parties are a great way to celebrate and have fun, but they’re also great opportunities to market and promote your company or products, as well as build relationships and network with clients and associates to build your business. But business parties are not your ordinary business expense where the IRS is concerned. Uncle Sam is very strict with tax write-offs and has special rules when it comes to writing off entertainment expenses. Reporting them incorrectly can get your company into trouble with the IRS. […]
