Business Client Notification Letter — Tax Reform
c. Mike should have given (or loaned) the money to Kelley and let Kelley make the loan payments. That way, Kelley could take a deduction for the $7,800 interest paid that year. 24. Business Meals and Club Dues. Elisa spends $1,000 on business lunches to entertain her customers at the local country club. The club charges an annual membership fee ... ................
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