Final regs. clarify reimbursement arrangements for meal and entertainment expenses

11/21/2013 | Tax Adviser, The

Until recently, it has been unclear how taxpayers handle the meal and entertainment deduction when they incur expenses under a reimbursement or expense allowance arrangement. Mark Brown, CPA, discusses recent regulations that define what a reimbursement or expense allowance arrangement is and clarify which party is subject to the 50% deduction limit.

View Full Article in:

Tax Adviser, The

Published in Brief: