Many recent college graduates find it difficult to make contributions to their employer’s 401(k) plan as they have significant student loan repayments which take precedence in their budget. By failing to make 401(k)...
Read MoreP.L. 115-97, popularly known as the Tax Cuts and Jobs Act (“TCJA”), significantly changes an employer’s ability to deduct compensation paid to its top executive employees. Background Section 162(m), added to the Internal Revenue...
Read MoreBy: Cyndi Moore With all the heated rhetoric surrounding the Affordable Care Act (“ACA”), including the President’s Executive Order issued on January 20, 2017 and the recent efforts to repeal and replace the...
Read MoreBy: Cyndi Moore The American Health Care Act (“AHCA”), passed by the House of Representatives on May 4, 2017, repeals many of the taxes added by the Affordable Care Act (“ACA”) and makes changes to...
Read MoreBy: Cyndi Moore In Information Letter 2017-0007, the IRS analyzed an employer’s parking reimbursement arrangement and concluded that it was not a tax-free fringe benefit.The employer purchased parking spots from a parking...
Read MoreBy: Cyndi Moore President-elect Trump has stated repeatedly that one of his initial goals is to repeal and replace the Affordable Care Act (the “ACA”). Because the Republicans control both houses of...
Read MoreBy: Cyndi Moore Summary In Notice 2016-70, the IRS has extended the date on which to furnish copies of the 2016 Form 1095-B or Form 1095-C to employees to MARCH 2, 2017. The IRS has also extended the “good...
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