Picnicking for the Fourth of July?

Standard

If you plan on throwing a company picnic this summer, you may end up enjoying a tax break along the way. While entertainment expenses have been repealed beginning in 2018, the recent tax law changes don’t affect a special tax law provision for company picnics that says you can deduct 100 percent of the cost. Keep in mind that to qualify for this deduction, you must invite the entire staff to the picnic.
Clever 4th of July Party Ideas

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s