National Tax Conference 2018

NTA1803 - Beyond the Fringe: Revisiting Entertainment, Meals, Club Dues, and Commuting

Nov 12, 2018 10:45am ‐ Nov 12, 2018 12:00pm


Description

The Tax Cuts and Jobs Act shakes up the tax rules for meals, entertainment, transportation benefits, and other fringes for both for profits and not-for-profits. It is the employer that loses the tax deduction, or in the case of not-for-profits to a limited extent is penalized. This session however will present some strategies that will get the optimum results despite these complex new and negative fringe benefit tax rules.

  • Recognize the post-2017 complex rules relating to Section 274 meals, entertainment, and fringe benefits. Understand how the rules affect both for-profit and not-for-profit employers
  • Identify the strategies and exceptions, both old and new, which continue to apply to allow a favorable tax result despite the changes in the law.

Speaker(s):

  • Ruth Wimer, CPA, J.D., Partner, Winston & Strawn

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