Picnicking For The Fourth Of July?

Image of business people networking and eating at company picnic

If you plan on throwing a company picnic this summer, you may end up enjoying a tax break along the way.

While entertainment expenses have been repealed beginning in 2018, the recent tax law changes don’t affect a special tax law provision for company picnics that says you can deduct 100% of the cost.

To qualify for this deduction, you must invite the entire staff to the picnic.


Have questions about entertainment expenses? Let’s talk!