New Tax Law Changes the Way you can Deduct Meals and Entertainment Expenses in 2018

New Tax Law Changes the Way you can Deduct Meals and Entertainment Expenses in 2018  Businesses will be affected by a major tax reform in 2018 under The Tax Cuts and Jobs Act (TCJA) which eliminates the deduction for business-related entertainment expense for amounts incurred or paid after Dec. 31, 2017. The TCJA also modifies the rules…