Finanse publiczne · 01/08/2013

Final Regulations on Entertainment Expenses for Taxpayers Receiving Advances or Allowances

The IRS has released final regulations clarifying the rules for reimbursement or expense allowance arrangements, affecting taxpayers who pay or receive advances, allowances, or reimbursements, and outlining the exceptions to deduction limitations on certain entertainment expenses.

Source: Federal Register — Department of the TreasuryOpen original release →

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