Entertainment, Meals & Travel Expenses: Review & Update

Overview

This course will be available for 90 days from your date of purchase.

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.

Prerequisites

Basic working knowledge of fringe benefit expense reporting.

Objectives

• Apply guidance of the "big picture" of qualified deductible expenses and strategies and guidance on what to do and when to do it

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