(Solution) - Jackie owns a temporary employment agency that hires personnel to -(2025 Original AI-Free Solution)
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Jackie owns a temporary employment agency that hires personnel to perform accounting services for clients. During the year, her entertainment expenses for her clients include the following:
Cab fare to and from restaurants ????. $ 350
Gratuity at restaurants ????????. 300
Meals ??????????????? 4,000
Cover charges ???????????.. 250
Jackie also held a holiday party for her employees, which cost $1,500. All expenses are reasonable.
a. Can Jackie deduct any of these expenses? If so, how much?
b. How is the deduction classified?