Holiday Party Tax Break

This year COVID-19 has certainly put a damper on holiday work parties, but did you know your company may qualify for a special 100% write-off exception?

What Qualifies?

Consider throwing a “virtual” holiday party for your employees. As long as your entire workforce is included, you can deduct 100% of the cost of food, beverages, and any delivery costs used to take the meals/drinks to their homes. It’s a win-win, where employers and employees can all celebrate!

For more information, contact us at 401-831-0200.

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