Join CPA Doug Stives who was once dubbed ‘The Most Tax Efficient Man in America” by the Wall Street Journal as he reviews latest on travel and entertainment deductions. 

This program will update your knowledge of what is allowed and what should be avoided in the Travel and Business Meals area. Law changes in 2017 and 2021 will be covered with some discussion of cases and the results of IRS audits.  Emphasis on what documentation is mandatory and how to take deductions for events that include some personal pleasure.  

Doug Stives is CPA, MBA and full-time professor of Accounting at Monmouth University as well as a professional speaker at many organizations and conferences.

Agenda:

• Learn about IRS’s favorite audit target

• Understand 2017 & 2021 changes

• Review why DOCUMENTATION is  so important

• Discuss how to not be be afraid to use but don’t abuse

• Undertand accountable reimbursement plans

• Discuss business use of vehicles and depreciation update