After a business meeting with a prospective client holly took the client to dinner and the theatre. holly paid $290 for the meal and $250 for the theatre tickets, amounts that were reasonable under the circumstances. what amount of these expenditures can holly deduct as a business expense? a. $540.b. $415.c. $270.d. none unless holly discussed business with the client during the meal and the entertainment. e. none-the meals and entertainment are not deductible except during travel.
In this instance, Holly would be able to deduct all of these expenses if she is not reimbursed from her employer.
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