IRS Clarifies Treatment of Transportation Fringe Benefits for Tax-Exempt Employers
The IRS recently released subsequent guidance on an issue we discussed in a previous Our Thoughts On article (see here). In late March, the agency updated
IRS Releases FAQs on Family Medical Leave Act Credit
The IRS recently posted to its website FAQs regarding the new Internal Revenue Code Section 45S, "Employer Credit for Paid Family and Medical Leave"
Weathering Volatile Markets
Over the past few months, investors have had to deal with increased market volatility, a trend that could well persist for some time to come. As concerns
2017 TAX CUTS AND JOBS ACT: EFFECT OF TRANSPORTATION FRINGE BENEFITS ON UNRELATED BUSINESS TAXABLE INCOME (UBTI)
Under the 2017 Tax Cuts and Jobs Act, Section 274(a) of the Internal Revenue Code includes a new provision that expressly disallows deductions for “the