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December 30, 2023
Question

Deductibility of Lodging/Accommodations for a Holiday Party

  • December 30, 2023
  • 1 reply
  • 0 views

Hi,

 

I have a client whose LLC is hosting a holiday party for clients and employees. He wants to know if the cost of lodging/accommodations for the holiday party is tax-deductible for his business. I believe he would be able to deduct 50% of the clients' lodging expenses and 100% of the employee lodging expenses. Is this correct?

1 reply

Employee
December 30, 2023