Trump’s Latest COVID19 Economic Ploy: Let Corporations Deduct Entertainment Costs

Entertainment Deduction Was Originally Eliminated As Part of Trump’s 2017 Tax Law Washington, D.C. — During today’s White House press conference, President Trump announced that he’d direct Treasury Secretary Steven Mnuchin and Labor Secretary Eugene Scalia to “immediately” look into restoration of tax deductions for “meals and entertainment costs for corporations.” In response, government watchdog … Continue reading Trump’s Latest COVID19 Economic Ploy: Let Corporations Deduct Entertainment Costs