Tax Reform

Meals and Entertainment Deduction: New Tax Law Reform

Under the tax reform of the Tax Cuts and Jobs Act (TCJA), the rules have changed in regards to the meals and entertainment deduction. In an article for America’s Pharmacist, Scotty Sykes of Sykes & Company, P.A. addresses these changes and how they are impacting most independent pharmacies in America.

  • Learn how the meals and entertainment deduction has changed.
  • Find out what the qualifications are for this deduction under the TCJA.
  • How to make sure you are complying with the rules of the deduction.

Read about how the meals and entertainment deduction will affect your independent pharmacy in this primer about this area of the new tax law.

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