TAX TIP OF THE DAY... IRS says it's 5 o clock somewhere
MYTH: IRS code bans alcohol as a deduction.
NOT TRUE. Deduct, deduct, deduct. The deduction category is "meals & entertainment" and requires a business discussion before, during or after the drink. So toast to your work and enjoy a drink on the IRS... and don't forget to deduct the tip as well.
SHARE WITH A FRIEND.
If you need tax help... www.baboiancpa.com