Meals and Entertainment - YouTube video text script

MEALS AND ENTERTAINMENT
    HI… I’M KATHY… AND I WORK FOR THE INTERNAL REVENUE SERVICE.
    BUSINESSES MAY NO LONGER DEDUCT EXPENSES FOR ENTERTAINMENT… AMUSEMENT OR RECREATION ACTIVITIES.
    BUT… YOU CAN STILL DEDUCT 50 PERCENT OF THE COST OF BUSINESS MEALS IF YOU OR YOUR EMPLOYEE IS PRESENT AND THE FOOD OR BEVERAGES AREN’T LAVISH OR EXTRAVAGANT.
    FOR MORE DETAILS… GO TO I-R-S-DOT-GOV-SLASH-NEWSROOM-SLASH-BUSINESSES.
     THEN CLICK “BUSINESS EXPENSE DEDUCTIONS FOR MEALS… ENTERTAINMENT.”
    AND… IF YOU FIND THIS VIDEO HELPFUL… PLEASE SHARE IT.
    THANK YOU.