IS THAT REALLY DEDUCTIBLE?

IS THAT REALLY DEDUCTIBLE?

Mixing business and pleasure can get you into hot water, says John E. Rich Jr., director and chair of the Tax Department at McLane Middleton law firm in Manchester. Meals at an employer sponsored cafeteria or purchasing prepared foods at grocery stores are excluded. Whatever the expense, there has t...

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Veröffentlicht in:Business NH Magazine 2022-10, Vol.39 (10), p.37-38
1. Verfasser: Currie, Judi
Format: Artikel
Sprache:eng
Schlagworte:
Meals
Restaurants
Travel
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Beschreibung
Zusammenfassung:Mixing business and pleasure can get you into hot water, says John E. Rich Jr., director and chair of the Tax Department at McLane Middleton law firm in Manchester. Meals at an employer sponsored cafeteria or purchasing prepared foods at grocery stores are excluded. Whatever the expense, there has to be a legitimate business purpose in order for it to be deductible.
ISSN:1046-9575