In the legal profession, lawyers sometimes try a little too hard at the networking thing – and lawyer or not, you know exactly what I’m talking about. It’s the whole standing around in suits thing, trying to pretend you’re comfortable, all the while looking for someone better to talk to. Why bother?
When it comes to promoting your business, why be penned in to someone else’s vision of what networking is supposed to be? Why honor milestones doing something that you don’t particularly like to begin with? Why try wooing clients by attending or hosting an event that doesn’t even represent you?
Nobody – not even Uncle Sam – says that promoting your business has to be boring. Stepping outside of the box doesn’t mean that you can’t take the deductibility with you. Consider planning your next promotional or networking event to look more like you, not every other business event, and take the tax benefits with you!
So how does deducting promotional and networking expenses work?
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