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Old 08-07-2014, 12:59 PM   #1495
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
Exp:
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Quote:
Originally Posted by MoneyGuy View Post
So, Slava and his wife take 10 great clients and their spouses to dinner as an appreciation event. Total cost is $2,500, half of which is tax deductible. He's effectively paying a large amount out of his pocket that, in my opinion, should be a business expense. Sorry, I don't think that's fair. If you think there are inequities in other areas of business deductibility, I'd agree, but I don't think this one accurately represents the business world.
Thank god I would tip $2500 on that dinner!
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