Example 1. You spend $200 for a business-related meal. If $110 of that amount is not allowable because it is lavish and extravagant, the remaining $90 is subject to the 50% limit. Your deduction cannot be more than $45 (50% Ã $90).
Sports Concie, LLC is a Dallas, TX based Corporate Solutions Firm. The founding partners are U.S. Marine Corps veteran Christopher Crawford and Shey Feherty. Our clients are exposed to high profile individuals and corporations with comprehensive and superior services to both groups.
Betsy Nadas Seamans. Mrs. Betsy McFeely is the wife of Mr. McFeely and assists in running the Speedy Delivery Service. They are the grandparents of Chrissy Thompson and Terri Thompson. Mrs. McFeely has a sister, Nan, who served as maid of honor in the McFeely's wedding. Mrs. McFeely cares deeply for the environment.