expenses

February 17, 2020

Determining an employee’s “home” for reimbursement purposes

Despite the prevalence of Web-based meetings, many of today’s businesses still have plenty of employees who travel. For companies that reimburse employees on a tax-free basis […]
June 30, 2020

IRS Explains Economic Impact Payment Tax Implications – Federal Tax Update

In e-News for Tax Professionals, the IRS has explained the tax implications of receiving an economic impact payment (EIP). Background:  As part of the CARES Act, IRS […]
June 19, 2022

Five tax implications of divorce

Are you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several tax concerns need to be addressed […]