More Information You Need To Know On Meals And Entertainment Deductions

Aug. 23, 2012 - PRLog -- The directly related test for entertainment generally will not be met if you are not personally present during the entertainment, if there are substantial distractions (for example, night clubs, sporting events, and social events usually have such a high level of noise that no business discussion is possible), or if you meet with a group at a cocktail lounge, country club, vacation resort, or athletic club.

If the directly related test for dining and entertainment is not met, you may still qualify for a deduction if the associated test is met.

source http://www.speedycpa.com/?p=827

About the author, Zev Jankovic, CPA
Zev has 14 years of wide-ranging business experience. Zev has a Bachelors
in Business Administration from the University of Phoenix and a Masters in Accounting
and Information Management from the University of Texas at Dallas (and a member
of Beta Gamma Sigma – Business Honor Society). He is a Certified Public
Accountant (CPA). Zev enjoys spending time with his family, learning Talmud, listening
to music, and hiking in the beautiful Rocky Mountains.