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.
For the company, see Salvatore Ferragamo S.p.A. Salvatore Ferragamo (5 June 1898 â 7 August 1960) was an Italian shoe designer and the founder of Salvatore Ferragamo S.p.A.. Ferragamo worked with many Hollywood stars in the 1920s, before returning to Italy to found the eponymous company making unique handmade footwear.