Tag Archives: tax

By Chris Peden According to IRS Publication 463, Travel Entertainment, Gift and Car Expenses, you can deduct the costs of meals and entertainment when they “are both ordinary and necessary and meet one of the following tests: Directly-related test Associated test So what does all that mean? “Ordinary” means that it would be the type of expense that a normal …

By Jenny Chen Stan Tsai, a member of the board of directors of the Chinese Culture and Community Service Center (CCACC), has been following the Affordable Care Act closely – and he’s concerned about how much the Asian American community knows about what is going to happen come October 1. “I went to the information meetings [for the Affordable Care …