Buried in tax reform is the elimination of the 100 percent business deduction for charity golf and other special charitable sporting events 1 to put this into perspective lets say you are going with three clients to a charity golf event thats put on by a school church or registered 501c3 organization such as the red cross or a . Business tax deduction for golfers and spectators golfers are tax advantaged unlike most entertainment that suffers a 50 percent cut in deductions and faces other limits golfers can qualify for a 100 percent entertainment deduction when they play in or are a spectator at a qualified charity event. Again the irs requires that a tax exempt organization send a formal acknowledgment letter for any donation that is more than 250 the donor will use this letter as proof of his or her donation to claim a tax deduction the acknowledgment to the donor should include the following. As a business owner you are probably solicited quite frequently to sponsor charitable golf tournaments this time of the year it seems you could golf in a charitable tournament every monday for those events you decide to sponsor or participate in how you classify the expense can result in differing tax benefits. I sponsored an event is that tax deductible the event was not a defined charity but supports a charity i was sponsor of a golf event to raise money for a local charity comment you can deduct your sponsorship as an advertising expense as long as you were a published sponsor was this answer helpful
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