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TCJA changes to employee benefits tax breaks: 4 negatives and a positive

TCJA changes to employee benefits tax breaks: 4 negatives and a positive

by Capocore Professonal Advisors | Apr 16, 2018 | Small Business Tax

The Tax Cuts and Jobs Act (TCJA) includes many changes that affect tax breaks for employee benefits. Among the changes are four negatives and one positive that will impact not only employees but also the businesses providing the benefits. 4 breaks curtailed Beginning...
Tax deduction for moving costs: 2017 vs. 2018

Tax deduction for moving costs: 2017 vs. 2018

by Capocore Professonal Advisors | Feb 20, 2018 | Individual Tax Brief

If you moved for work-related reasons in 2017, you might be able to deduct some of the costs on your 2017 return — even if you don’t itemize deductions. (Or, if your employer reimbursed you for moving expenses, that reimbursement might be excludable from your income.)...
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