A year-end governmentwide spending bill includes the extensions of almost all of the tax “extenders.” It also introduces the Setting Every Community Up for Retirement Enhancement (SECURE) Act, the first major retirement-related legislation since 2006.
The Tax Cuts and Jobs Act changed the way some businesses must compute per diem allowances. The IRS recently issued guidance for business travelers and their employers to clarify the changes.
If you’re working on your year-end tax plan, you’d be wise to take these 2020 cost-of-living amounts into consideration.
The U.S. Department of Labor’s final overtime rule goes into effect on January 1, 2020. Will your company be ready?
A safe harbor for rental real estate to qualify for the qualified business income deduction is now allowed.