#602 How to Write Off a Holiday Party for Your Business

Are you missing out on one of the easiest 100 percent deductions available to business owners? In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down exactly how to structure a holiday party or company event so it becomes a fully deductible business expense. From the IRS rules under Section 274 to real examples of what qualifies, you’ll learn how to turn food, entertainment, awards, and even venue costs into a legitimate write-off. Unlike generic tax tips online, this discussion dives into real-world application for small business owners — whether you have a growing team, a handful of employees, or a small staff running from your home office. Mark and Mat explain the three requirements every event must meet, the difference between 50 percent and 100 percent deductions, why culture and team-building matter for tax purposes, and the exact documentation you need to protect the deduction. They also walk through case law, common mistakes, and creative strategies like using the Augusta rule when hosting at your home. Whether you’re planning a Christmas party, a summer barbecue, a team-building event, or an employee appreciation night, this episode will help you use the tax code to your advantage while still creating an event your team will love. By the end, you’ll know how to design an effective, compliant, and fully deductible company party that strengthens your culture and saves you money. You’ll learn: How to structure a company holiday party or event so it qualifies for a full 100 percent tax deduction The three IRS requirements under Section 274 that determine whether meals and entertainment are fully deductible Real examples of deductible events , including award lunches, themed parties, off-site gatherings, and interactive team activities How to document business purpose properly and protect your deduction if the IRS ever asks for proof Creative strategies like using the Augusta rule when hosting at your home to increase deductions legally Common mistakes business owners make when planning events — and how to avoid losing the write-off How to maximize tax benefits while still c reating a memorable, effective event your team actually enjoys Get a comprehensive tax consultation with one of our Main Street tax lawyers that can build a tax strategy plan with an affordable consultation that will leave you speechless!! Here’s the link - Grab my eBook 30 Unique Strategies Every Business Owner Should Know! You don't want to miss this! Secure your tickets for the Event For Small Business Owners On Main Street America: Main Street 360 Looking to connect with a rock star law firm? KKOS is only a click away! Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification. Check out our YOUTUBE Channel Here: Craving more content? Check out my Instagram!

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#602 How to Write Off a Holiday Party for Your Business is an episode from Main Street Business by Mark J Kohler and Mat Sorensen.

This episode is 24:27 long.

This episode was published on Nov 21, 2025.

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