In an extremely business-friendly transitional assistance (Notice 2018-76) on the deductibility business meals, the IRS has announced that taxpayers generally may continue steadily to deduct 50 percent of the food and beverage expenses associated with working their trade or business. Example – Taxpayer invites a business contact, to a baseball game.
The seat tickets to the game are entertainment and not deductible. However, the taxpayer also purchased hot canines and a drink for himself and the business contact. Because food and drinks are ordered separately, they are not disallowed as entertainment and are deductible if they otherwise qualify as an ordinary and necessary business expense. Had the solution price included the hot canines and beverages they might be treated as no non-deductible entertainment.
Strategic intelligence therefore provides value by interesting managers in the strategy development process, by assisting management forge better, fact-baseddecisions, and allows managers to quantify or qualify strategic options and articulate strategies. This may lead to the sharpening of inner performance monitoring and in conclusion, can result in competitive advantage and innovation. We were intrigued by the results for the data management and strategic intelligence questions. Whilst the common mean and standard deviation scores remained within an identical range for the questions on strategic management, business intelligence, and competitive intelligence, the scores for knowledge management and strategic intelligence decreased to a lower average range.
The results for knowledge management and strategic intelligence substantiate the observation made earlier that the theoretical components of the subject matter are agreed with; … Read more