Entertainment Expense Deduction(redirected from Entertainment Expense Deductions)
Entertainment Expense Deduction
A reduction in one's income for purposes of calculating one's income tax. The entertainment expense deduction is equal to up to 50% of what a business spends in the course of buying meals for or otherwise entertaining a client, customer, or employee. In order to be eligible for the deduction, one must be able to prove that one conducted business with the person being entertained.
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