PIB TIP: DEDUCT FOR BUSINESS PURPOSES. If you buy dinner for a driver you are trying to recruit for your company, you can deduct an entertainment expense. But you can’t deduct the cost of a video for entertainment. You can deduct the cost of a CD player and a VCR, but not CDs or videos, unless they are used for educational purposes related to your business. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Freightliner Trucks.