In the past, employers have been able to deduct expenses related to “qualified transportation fringe benefits” (“QTFBs”) such as qualified parking, transit passes, transportation in commuter highway vehicles, or qualified...more
On December 22, 2017, President Trump signed H.R. 1 (formerly, the “Tax Cuts and Jobs Act” (the “Act”)) into law. While the Act was primarily focused on business tax cuts and individual tax reform, the Act includes several...more
1/2/2018
/ Compensation & Benefits ,
Corporate Taxes ,
Employee Benefits ,
Excise Tax ,
Executive Compensation ,
Fringe Benefits ,
Income Taxes ,
Qualified Retirement Plans ,
Section 162(m) ,
Tax Deductions ,
Tax Deferral ,
Tax Exempt Entities ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
Year-End Tax Planning