Jerry works in the human resources department of Ajax Corporation. One of his responsibilities is to interview

Question:

Jerry works in the human resources department of Ajax Corporation. One of his responsibilities is to interview prospective employees. Two or three days each week, Jerry takes a prospective employee to lunch, and Ajax reimburses him for the cost of the meals. What tax issues should Jerry and Ajax Corporation consider?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...