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New rules for meals and entertainment may change your cashflow analysis

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Ron’s question: Is entertainment still deductible? If not, where do I find it? Linda’s answer: This is a timely question since there have been significant changes. Starting in October 2020, the IRS disallowed a deduction for entertainment, amusement or recreation such as entertaining at night clubs, cocktail lounges, theaters, country clubs, sporting events and on […]

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