Hate to disappoint you, but your Christmas party is not deductible. Investment clubs don't have business meals under the tax code.

 

Ira Smilovitz

 

We had keep the equal payment policy for a few reasons. We have monthly
luncheon meetings + a Xmas party paid for by the club (50% deductible) and
we  also we all vote on stock buys and sells. The members feel that if we
are all on the same basis, there won't be any complaints about members who
pay less enjoying the same benefits and voting privileges. . Perhaps were
old fashioned, but it works for us.  All members are 60+, I'm 86.