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Category: Business

IRS Says Business Meal Deductions Still Apply

The Tax Cuts and Jobs Act (TCJA) of 2017 generally disallowed all deductions for business entertainment, amusement, and recreation. However, the TCJA did not specifically turn thumbs up or down

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Economic Damages: Recovering What Was Lost

A business can suffer economic damages arising from a variety of illegal conduct. Common examples include breach of contract, patent infringement, and commercial negligence. If your company finds itself headed