Insights

Home / Insights / Tax Law Changes the Score for Companies That Buy Tickets to Sports Events

In the News Beth Van Leeuwen CPA Talk to an advisor: (816) 743-7700

Tax Law Changes the Score for Companies That Buy Tickets to Sports Events

June 4, 2018

 Kansas City Business Journal, Tax Law Changes the Score for Companies That Buy Tickets to Sports Events, May 29, 2018

Treating a client, or prospective one, to a Royals game long has been a good way to build relations. The fact that the tickets qualified for a 50 percent tax deduction never hurt, either.

But the deductibility of those tickets, along with tickets to other sporting events and concerts, is one of the losses from the tax reform package passed at the end of 2017. That will cause some business owners to reexamine the value of those investments.

Click here to read the entire article: