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Insights from the Fastlane

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Michael DiSabatino of Sharp CFO™ shares expert insights to help you unlock your business's full potential by delivering proven strategies for maximizing tax savings, streamlining operations, and driving sustainable growth.

The information provided on this site is for general informational purposes only and should not be construed as professional financial, tax, or legal advice. For advice tailored to your specific situation, we recommend consulting with a qualified professional.

Bringing business clients out for a night on the town?

Recent entertainment deduction clarification from the IRS stated that you may still deduct 50 percent of food and beverages during a business outing with clients as long as those items are paid separately from other entertainment expenses.

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