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Reeling in Tax Deductions for Company Outings

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Is your company interested in sponsoring out-of-town trips for employees? The value of these get-togethers can be considered a "working condition fringe benefit" that is deductible by the company and excludable from employees' income. But the rules involved in tax-advantaged trips are strict and the IRS often challenges them. But with the right activities and documentation, companies can prevail - as this court case illustrates.

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