After completing this course, the learner should be able to:
- Identify deductible meals and entertainment (M&E) expenditures following 2017's Tax Cuts and Jobs Act (TCJA)
- Recognize the various requirements for the deductibility of business M&E expenditures
- Determine the deductible percentage of various types of M&E expenditures
- Recognize the exceptions to the general rule of nondeductibility of entertainment expenditures following the TCJA
- Apply the principles of IRS Notice 2018-76 to determine the deductibility of M&E expenditures
Stan earned his bachelor’s degree in Business Administration from California State University, Northridge in 1980. He now runs a two-office tax, accounting and consulting practice in Oakland and San Francisco, California. The practice focuses on high net worth individuals and small businesses, providing quality, personalized financial and tax guidance. Stan has taught continuing education courses to practitioners throughout the country on a regular basis for over 10 years. Stan has been a regular guest on a local radio talk show discussing taxes and has been quoted several times in local papers. He previously taught accounting courses in junior colleges in Southern California.
Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823