How 2017 entertainment-expense tax law affects baseball teams and fans
Twinkietown.com - Mon 15 Apr 18:31 GMT

Hint: ticket prices definitely, and lowered payroll, possibly, have something to do with it.

How 2017 entertainment-expense tax law affects baseball teams and fans

  Sports teams figured out that they could woo business types for insanely expensive tickets, but only if they had a private seating area.

  A third, subtler way has to do with how those luxury seats are deductible as a business expense.

  By law, when you’re deducting sports tickets, you are only supposed to deduct the average price of a ticket at that facility.

  So raising the average ticket price makes those luxury suites more appealing to business buyers.

  And FYI, one reason they are such a pain is that paid tax preparers like TurboTax or HR Block want them that way.