January 24th, 2016

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