New Tax Update That Will Affect Your Business!

We have good news and GREAT news for you! Today, we are sharing with you an exciting tax tip that may change the way you do business in the year 2021!

The Tax Cuts and Jobs Act eliminated deductions for entertainment expenses paid or incurred after Dec. 31st, 2017, but there were some exceptions. Now the Taxpayer Certainty and Disaster Tax Relief Act of 2020 made some changes that you might have missed! We cover some of them in this video, the document below uncovers more details into the changes.

New Tax Legislation Update: https://answerconnect.cch.com/topic/2af997e87c6b10008244d8d385ad169401d/business-meals-and-entertainment-expenses

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