Get the most out of your Inc. online experience by registering and joining the Inc. community today. Get access to all Inc.com content and priority invites to free Inc. networking events in your area.

Login using:


Or login directly through Inc.com

All In The Family

 

Plan on deducting a family affair? Consider, says Neil B. Godick of Godick & Co., a Philadelphia-based accounting firm, what happened to Alfred and Celestine Leubert. They deducted $6,300 of the $25,000 they spent on their daughter's wedding reception, because 50 of the 242 invited guests were business associates. But the Internal Revenue Service and the U.S. Tax Court balked. In reaching its conclusion the court found that the reception was a family celebration -- not a business gathering.