Parts of this article are published with permission from Bradford Tax Institute, © 2021 Daniel Morris, Morris + D’Angelo
You take Bill, your best customer, to the local country club and treat him to 18 holes of golf. The golf produces a zero deduction.
You take your employees and their spouses and children to the local country club, where they play golf and tennis; swim; and enjoy lunch, dinner, and snacks.
The cost of the country club meals and activity produces a 100 percent tax deduction.
In this article, you will learn the following:
What it takes to qualify an employee party for the 100 percent deducti...