Thursday, December 12, 2013

Is a Christmas party for my employees fully deductible?

Christmas parties are 100% tax deductible, straight down to the food & decorations, so party on!


According to the IRS there is no limitation in the amount of entertainment for Christmas Parties.

Expenses for recreational, social, or similar activities (including facilities) primarily for the benefit of employees (other than employees who are officers, shareholders or other owners, or highly compensated employees).  

Therefore an employee Christmas party is fully deductible.



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