IRS Issues New Guidance on TCJA

The Internal Revenue Service (IRS) recently released new regulations governing the applicability of certain provisions contained in the Tax Cuts and Jobs Act (TCJA) signed into law last year. First, for tax years 2018 and 2019, employers may be eligible for a tax credit when they give eligible employees paid family and medical leave. Notice…

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House Votes Today On Tax Reform 2.0

The US House of Representatives is scheduled to vote on a follow-up tax reform package later today that, among other provisions, would make the individual tax cuts passed last December permanent. Tax Reform 2.0 is a three-bill package that includes the Protecting Families and Small Business Tax Cut Act of 2018 (H.R.6760), the Family Savings…

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