Did You Know That Your Picnic is 100% Deductible ?
Tax laws state that you can deduct 50% of business entertainment. The big exception is a social activity for your company's employees as long as it is open to ALL employees. A social activity includes such events as a Holiday Party or Company Picnic. In this case the social activity is 100% Deductible. Consult your CPA for more information.

Reprinted by permission of Brian Whitlock, CPA with Blackman Kallick, CPAs and Consultants
Visit their web site at www.blackmankallick.com


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