Bloomberg Tax
Dec. 3, 2018, 10:04 AM

Go Ahead, Book Maroon 5 For Your Holiday Bash: It’s Deductible

Sony Kassam
Sony Kassam
Reporter

No need to hold back on the holiday office party if cost is the only thing stopping you: It’s entirely tax-deductible, as long as everyone’s invited.

That is one benefit that made it through the 2017 tax law, in which Congress scaled back or killed deductions for other kinds of meals and entertainment.

“This is one of the rare cases that not only do you have the full deduction but the law says you’re not being held back,” Ruth M. Wimer, a partner at Winston & Strawn LLP, said. “You can have the circus come in, or Maroon 5 ...

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