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Explain how entertainment and meal expenses are treated

Explain how entertainment and meal expenses are treated. Robert entertains four key clients and their spouses at a nightclub. Expenses were $200 (limo charge), $120 (cover charge), $700 (drinks and dinner), and $140 (tips to servers). If Robert is self-employed, how much can he deduct for this event?

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Accounting Basics: Explain how entertainment and meal expenses are treated

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