12.14.18 | Today the IRS announced the 2019 mileage rates. The business mileage rate has been increased from $0.545/mile in 2018 to $0.58/mile in 2019. The final move deductible rate has also been increased from $0.18/mile in 2018 to $0.20/mile in 2019….
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12.4.18 | In light of tax reform, lump sum policies may appear more attractive again to employers. Since the Tax Cuts and Jobs Act (TCJA) took effect January 1, moving expenses (for the most part) are no longer tax deductible….
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11.28.18 | When the Tax Cuts and Jobs Act (TCJA) took effect in January, moving expenses were no longer deductible – except for military moves. Nearly a year later, 11 states are not conforming to the TCJA due to their…
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The Social Security Administration has announced the new FICA wage base for 2019. The threshold will rise to $132,900 in 2019 from $128,400 in 2018, which is an increase of just over 3.5%. Social Security benefits will increase by 2.8%, the…
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