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2018 – 09/24 The IRS announces that employer reimbursements in 2018 for qualifying pre-2018 employee moves are tax-free. Clarifying the effects of the Tax Cuts and Jobs Act (TCJA), the IRS states that employer payments in 2018 for employee moving expenses incurred prior to 2018 are excluded from the employee’s wages for tax purposes. The…
2018 – 09/25 Tax Reform 2.0 may move forward in the U.S. House this week. The House Rules Committee on 9/26 is scheduled to consider the three bills composing the Republicans’ tax package. The bills are titled the “Protecting Family and Small Business Tax Cuts Act of 2018,” the “Family Savings Act of 2018,” and…
Tax identity theft may seem like a problem only for individual taxpayers. But, according to the IRS, increasingly businesses are also becoming victims. And identity thieves have become more sophisticated, knowing filing practices, the tax code and the best ways to get valuable data. How it works In tax identity theft, a taxpayer’s identifying information…
