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posted Dec 30, 2023 9:40:54 AM

Deductibility of Lodging/Accommodations for a Holiday Party

Hi,

 

I have a client whose LLC is hosting a holiday party for clients and employees. He wants to know if the cost of lodging/accommodations for the holiday party is tax-deductible for his business. I believe he would be able to deduct 50% of the clients' lodging expenses and 100% of the employee lodging expenses. Is this correct?

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Level 15
Dec 30, 2023 10:16:39 AM

There is a site for paid preparers. 
https://accountants.intuit.com/turbotax-for-professionals/