New Tax Law Section 274: Meals and Entertainment Deductions (MLTD18A)

  Live Webinar
  120 minutes
  1:00 pm ET | 12:00 pm CT | 11:00 am MT | 10:00 am PT

Get the Low-Down on Meals and Entertainment Deductions

Expenses associated with entertaining current or prospective clients, customers, and patients have long been tagged as business tax deductions. But for years, Congress has been whittling down what can be counted, and the Tax Cuts and Jobs Act (TCJA) of 2017 narrowed the scope of the deduction further. With the tax year rapidly coming to a close, now is the time to learn exactly what is deductible.

There is plenty of confusion out there over the extent to which entertainment and expenses can be deducted, says tax pro Daniel J. Pilla, as he walks you through the current state of deductible expenses in this detailed webinar. Pilla will show you what can be counted, what is out, and what to keep track of as the Internal Revenue Service issues late-year clarifications to Section 274.

Learn about amendments to code 274(a)1, what the Jobs Act did and did not do to meals and entertainment expenses, and how to keep proper records of meals. Pilla also takes you down into the weeds of the law to explain the difference between “meals” and “entertainment,” how to reconstruct lost or incomplete records, and what the Oct. 3 update from the IRS taught us. Meals and entertainment deductions can really add up—make sure you are deducting every penny you can.

Session Highlights

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NASBA & IRS Category of Study: Taxes

Level: Basic

Who Should Attend

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Daniel J. Pilla is a tax litigation consultant. Premier proponent and advocate of taxpayer rights. For over three decades, Dan has been tremendously successful in his negotiations with the IRS. Regarded as one of the country’s premiere experts in IRS procedures, Dan provides people across the country with soun... More info


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