How To Deduct The Cost of Your July 4th BBQ

Are you planning on having people over this July 4th? If you're a business owner, you might be able to write off a portion of your expenses.

If you can get any business associates, current, or prospective clients to come, then some of those expenses can be categorized for business purposes.

Just make sure you write down a list of all the attendees and how many are business associates. That percentage of food & drink is what’s potentially deductible.

Then give that list to your accountant and make sure it works for your situation.