CPA Practice

MARCH 18, 2024

By Ken Berry The monumental Tax Cuts and Jobs Act—signed on December 22, 2017—featured a slew of provisions affecting individuals and business entities. Conversely, most changes for businesses are permanent, such as the flat 21% tax rate for corporations, but others are temporary. Notably, it reduced the top income tax rate from 39.6%

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Tax Expense Reimbursements income tax 106

ThomsonReuters

MARCH 5, 2024

tax system, including provisions affecting both individuals and businesses. “The TCJA, like most big tax laws, is like the spokes of a wheel,” John Rose, J.D., Director of Federal Tax Quality Control at Aprio, began. “The TCJA, like most big tax laws, is like the spokes of a wheel,” John Rose, J.D.,

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Tax payroll Expense Reimbursements Gaming 98

ThomsonReuters

MARCH 4, 2021

As a reminder, for taxable years beginning before 2026, Form 2106 may only be used by Armed Forces reservists, qualified performing artists, fee-basis state or local government officials, and employees with disabilities who have impairment-related work expense (see our Checkpoint article ).) Contributing Editors: EBIA Staff.

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Expense Reimbursements Government Tax Account 52