Northwest Herald

Friend's E-mail:
  (maximum of 3 addresses separated by commas)
Your E-mail:
A Brief Comment (150 char max / 25 word max)

Flood: Understanding gift and entertainment deductions

Two deductions often misunderstood by taxpayers are the Business Gift Deduction and the Business Meals and Entertainment Deduction. The IRS limits the amount that may be taken for both deductions and requires adequate documentation to prove the business purpose of the expenses.

Security image:   
Note:the e-mail sent will contain information, such as your IP address (, for purposes of tracking abuse. Use of this software to spam or harass individuals can and may result in penalties punishable by law.

[x] Close Window

Copyright © 2016 Northwest Herald. All rights reserved.