Entertainment, Meals & Travel Expenses: Review & Update
Available Until
On-Demand Only
2.00 Credits
Member Price $79.00
Non-Member Price $109.00
Overview
Description:
This program reviews the statutory and regulatory guidance as they relate to fringe benefits. There will be an emphasis on entertainment, meals and business transportation expenses, including qualified employer-provided parking, with a focus on planning opportunities. Recent federal tax legislation, cases and rulings will also be addressed.
Learning Objectives:
After attending this presentation you will be able to...
- Apply guidance of the "big picture" of qualified deductible expenses and strategies and guidance on what to do and when to do it
Program Content:
The major topics covered in this class include:
- Definition of what qualifies as an entertainment expense
- Strategies to deduct business entertainment expenses
- Deductibility of meals
- Situations not subject to the 50% meals and entertainment reduction
- How to handle automobile issues related to employer-provided parking
- Proper accounting for deductible vs. non-deductible expenditures
- The four steps to analyze business expenses
- The latest federal legislation, cases and rulings
Who should attend: CPAs in public practice and industry seeking the latest developments on reporting entertainment and business transportation expenses.
Developed By: Federal Tax Workshops, Inc
Instructor: Steven C. Dilley, CPA, JD, PhD
CPE Credit: 2.0
Field of Study: Taxes (2 CPE)
Prerequisites: Basic working knowledge of fringe benefit expense reporting.
Advanced Preparation: None
Format: QAS Self Study
Highlights
- Definition of what qualifies as an entertainment expense
- Strategies to deduct business entertainment expenses
- Deductibility of meals
- Situations not subject to the 50% meals and entertainment reduction
- How to handle automobile issues related to employer-provided parking
- Proper accounting for deductible vs. non-deductible expenditures
- The four steps to analyze business expenses
- The latest federal legislation, cases and rulings
Prerequisites
Basic working knowledge of fringe benefit expense reporting.
Designed For
CPAs in public practice and industry seeking the latest developments on reporting entertainment and business transportation expenses.
Objectives
- Apply guidance of the "big picture" of qualified deductible expenses and strategies and guidance on what to do and when to do it
Preparation
None
Non-Member Price $109.00
Member Price $79.00