Can you deduct the cost of a Skybox used for business entertainment?

By elitecpas | February 21, 2014 | Comments Off on Can you deduct the cost of a Skybox used for business entertainment?
baseball skybox

  The answer is yes – for the most part. Here’s a letter we wrote to a client explaning how this works. Dear [name redacted] You’ve asked us to review the tax limitations on  deducting the expenses of renting a skybox or other private luxury box at a sporting event. Skybox rentals are subject to…

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