Wining and dining customers and employees can result in tax deductions and for 2022, the write-offs are bigger than usual.
Articles by Daliah Bui
Daliah Bui is a Principal for BeachFleischman, where she leads the firm's Hospitality Practice and serves as a member of the Tax Department. Daliah has worked in public accounting since 2011, and she provides accounting, consulting, tax planning, and compliance services for a variety of privately held and publicly traded companies.
Industry Experience
Businesses with employees who receive tips may be eligible for a tax credit
Owners of restaurants and bars have had a rough couple of years due to the pandemic. Keep in mind that employers in the food and beverage industry may be eligible for a valuable tax break with the FICA tip credit. Here’s how it works.
Will the standard business mileage rate go up in 2022? Yes!
The price of gas is up about $1 a gallon from a year ago. How does this affect the amount your business can deduct for business driving in 2022?
Businesses must navigate year-end tax planning with new tax laws potentially on the horizon
Allocating year-end tax planning time now can prove beneficial come tax filing time next year.
DOL Final Rule on Association Retirement Plans (ARPs) Benefiting Small and Mid-size Businesses
According to a 2018 study by the U.S. Bureau of Labor Statistics, “approximately 38 million private-sector employees in the United States do not have access to a retirement savings plan through their employers.” On July 29, 2019, the U.S. Department of Labor announced a new rule that allows small and mid-size businesses to gain access[ … ]
Department of Labor Issues Final Overtime Rule
Earlier this year, the U.S. Department of Labor (DOL) proposed a new overtime-pay exemption trigger, which would make more than one million American workers eligible for overtime pay under the Fair Labor Standard Act (FLSA). On September 24, 2019, the final overtime rule was issued to be effective on January 1, 2020. Below are a[ … ]
Benefits of Investing in Opportunity Zones, TCJA
The Opportunities Zones program enacted with the Tax Cuts and Job Act of 2017 offers three tax incentives for investing in certain low-income communities through a qualified Opportunity Fund: temporary deferral, step-up in basis, and permanent exclusion of capital gains. Under this provision, gain from the sale of any type of property that produces capital[ … ]
