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.
Geraldine Anne Ferraro (August 26, 1935 â March 26, 2011) was an American attorney, a Democratic Party politician, and a member of the United States House of Representatives. In 1984, she was the first female vice presidential candidate representing a major American political party.