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VERSION:2.0
CALSCALE:GREGORIAN
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PRODID://NDCP//410332
BEGIN:VEVENT
DTSTAMP:20260506T034718
VTIMEZONE:America/Chicago
DTSTART:20260114T150000Z
DTEND:20260114T170000Z
UID:410332
SUMMARY:Surgent's Food, Beverage, and Entertainment Expensing (ELEX)
LOCATION:Webinar
DESCRIPTION:Surgent's Food, Beverage, and Entertainment Expensing (ELEX)\n\n01/14/26 09:00 AM CST\n - 01/14/26 11:00 AM CST\Description:\nThe IRS has issued final regulations regarding the Tax Cuts and Jobs Act’s (TCJA) elimination of the deduction for expenditures related to entertainment, amusement, or recreational activities and provided guidance to determine whether an activity is considered to be entertainment. The final regulations also address the 50% limitation on the deduction of food and beverage expenses and when the 50% limitation does not apply.
 To effectively advise clients, it is imperative for tax practitioners to understand these rules and be updated on the latest IRS guidance related to meals and entertainment.
 Objectives:
 Understand the new rules relating to the deductibility of expenses associated with meals, entertainment, and food and beverages that employers provide to employees
 Presenters:Mike Tucker, Ph.D., LL.M., J.D., CPAKaren Davis, EA, MBA, Ph.D.Field of Study:Taxes (2)Major Topics:
 The 50% deduction for meals that are ordinary and necessary in carrying on a trade or business
 Elimination of the temporary rules that applied for 2021 and 2022 which allowed for 100% deductibility for ordinary and necessary business-related meals
 When meals are still 100% deductible
 IRS rules relating to the nondeducibility of activities considered entertainment or amusement
 What constitutes entertainment/amusement for tax purposes?
 When employers may deduct food and beverages provided to employees
 50% deductibility for occasional employee meals and for overtime meals
 50% deductibility for business meals during business meetings
 Business meals incurred during business travel
 Invoice meals separately from entertainment
 \Location:\nWebinar\n\n,
X-ALT-DESC;FMTTYPE=text/html:Surgent's Food, Beverage, and Entertainment Expensing (ELEX)<br /><br />01/14/26 09:00 AM CST - 01/14/26 11:00 AM CST<br />Description:<br />The IRS has issued final regulations regarding the Tax Cuts and Jobs Act’s (TCJA) elimination of the deduction for expenditures related to entertainment, amusement, or recreational activities and provided guidance to determine whether an activity is considered to be entertainment. The final regulations also address the 50% limitation on the deduction of food and beverage expenses and when the 50% limitation does not apply. <br />
<br />
To effectively advise clients, it is imperative for tax practitioners to understand these rules and be updated on the latest IRS guidance related to meals and entertainment.<br />
<br><br><b>Objectives:</b><br><ul>
    <li>Understand the new rules relating to the deductibility of expenses associated with meals, entertainment, and food and beverages that employers provide to employees</li>
</ul><br><b>Presenters:</b><br>Mike Tucker, Ph.D., LL.M., J.D., CPA<br>Karen Davis, EA, MBA, Ph.D.<br><br><b>Field of Study:</b><br>Taxes (2)<br><br><b>Major Topics:</b><br><ul>
    <li>The 50% deduction for meals that are ordinary and necessary in carrying on a trade or business</li>
    <li>Elimination of the temporary rules that applied for 2021 and 2022 which allowed for 100% deductibility for ordinary and necessary business-related meals</li>
    <li>When meals are still 100% deductible</li>
    <li>IRS rules relating to the nondeducibility of activities considered entertainment or amusement</li>
    <li>What constitutes entertainment/amusement for tax purposes?</li>
    <li>When employers may deduct food and beverages provided to employees</li>
    <li>50% deductibility for occasional employee meals and for overtime meals</li>
    <li>50% deductibility for business meals during business meetings</li>
    <li>Business meals incurred during business travel</li>
    <li>Invoice meals separately from entertainment</li>
</ul><br />Location:<br />Webinar<br /><br />,  
PRIORITY:3
TRANSP:TRANSPARENT
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DESCRIPTION:Reminder
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