Business Deductions
- Amortization
- Business Losses and Net Operating Losses
- Car and Truck Expenses
- Day-Care Services
- Depreciating Business Property
- Depreciating Your Car
- Domestic Production Activities Deduction
- Health Insurance Deduction
- Home Office Deduction
- Meal and Entertainment Expenses
- Organizational Costs and Start-up Costs
- Qualified Plan Awards
- Schedule C Expenses
- Section 197 Intangibles
- Should You Sell or Trade in Your Car?
- Start-up Costs
- Travel Expenses
More Tax Topics
- Business Structures
- Hiring Workers
- Retirement
- Top Tax Myths
- Per Diem Rates - IRS Publication 1542 Oct 2011 for Travel Within the Continental U.S (for employers who pay a per diem allowance to employees)
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Need Some Deductions for 2011?
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Updated for 2011
Small Business Deductions: Meals and Entertainment
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Deducting Club Dues
Dues you may not deduct:
You can't deduct dues or initiation fees paid to clubs organized for business, pleasure, recreation, or other social purposes.
For example:
- Golf or athletic clubs
- Airline clubs
- Country clubs
- Business luncheon clubs
Dues you may deduct:
Dues paid to the following organizations are deductible providing their main purpose is not to provide entertainment to members or their guests:
- Professional organizations (e.g., bar associations, CPA associations)
- civic or public service organizations (Kiwanis, Lions and Rotary clubs)
- Chambers of Commerce
- Business leagues
- Real estate boards
- Boards of trade
Trade Association Meetings
You can deduct meal and entertainment expenses of attending business meetings or conventions of certain exempt organizations that are directly related to, and necessary for attending if the expenses of your attendance are related to your business.
Next:
Meals and Entertainment Expenses: Deducting Business Gifts
Related Links
- Domestic Per Diem Rates
- What Are Meal and Entertainment Expenses?
- The Rules for Deducting Meal and Entertainment Expenses
- The Restrictive Tests for Meals and entertainment Expenses
- The Associated Test (meals and entertainment)
- Audit Proofing Your Meal and Entertainment Expenses
- Entertaining at Home
- Entertainment Costs of a Spouse
- Entertainment Facilities
- Tickets to Events
- Skybox Rental
- Gift or Entertainment?
- Taking Turns Paying the Bill
- How Much Can You Deduct?
- Transportation Costs
- Exceptions to the 50% Limitation Rule
- Where to Deduct Meal and Entertainment Expenses
- Deducting Qualified Plan Awards
- Deduction Limit for Qualified Plan Awards
- Non-Qualified Plan Awards
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