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Tuesday, April 4, 2023 Live Webcast

Entertainment, Meals & Travel Expenses: Review and Update (X2-30396)

10:30 AM - 12:30 PM EDT
webcast

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2 CPE Credits in TX

OVERVIEW

This program reviews the statutory and regulatory guidance as they relate to fringe benefits. There will be an emphasis on entertainment, meals and business transportation expenses, including qualified employer-provided parking, with a focus on planning opportunities.

DESIGNED FOR

CPAs in public practice and industry seeking the latest developments on reporting entertainment and business transportation expenses.

BENEFITS

After attending this presentation you will be able to...

  • Apply guidance of the "big picture" of qualified deductible expenses and strategies and guidance on what to do and when to do it

HIGHLIGHTS

The major topics that will be covered in this class include:

  • Definition of what qualifies as an entertainment expense
  • Strategies to deduct business entertainment expenses
  • Deductibility of meals
  • Situations not subject to the 50% meals and entertainment reduction
  • How to handle automobile issues related to employer-provided parking
  • Proper accounting for deductible vs. non-deductible expenditures
  • The four steps to analyze business expenses
  • The latest federal legislation, cases and rulings

COURSE LEVEL

Intermediate

PREREQUISITES

Basic working knowledge of fringe benefit expense reporting.

ADVANCE PREPARATION

None

INSTRUCTOR

Steven Dilley

Steven C. Dilley, CPA, J.D., Ph.D.

Steven C. Dilley, CPA, J.D., Ph.D. is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 36 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting and was nominated in 2004 for the "Educator of the Year Award." He obtained his Ph.D. in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.