Lynn is a salesperson who entertains clients at business luncheons. A business relationship exists for the entertainment,

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Lynn is a salesperson who entertains clients at business luncheons. A business relationship exists for the entertainment, and there is a reasonable expectation of business benefit. However, no business discussions are generally conducted before, during, or immediately following the meals. Do the business meal expenditures qualify as entertainment expenses?
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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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