Tag Archive for: TCJA

WXC Corporation Miami Doral
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New Tax Twists and Turns for Moving Expense Deductions

Can you deduct the cost of moving expenses on your personal tax return? Probably not. Under the Tax Cuts and Jobs Act (TCJ), the deduction for job-related moving expenses has been suspended for 2018 through 2025, except for certain military…
WXC Corporation Miami
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IRS grants additional relief for rehabilitation credit deadlines

WASHINGTON — Because of the burdens the COVID-19 pandemic has placed on taxpayers claiming the rehabilitation credit, the Internal Revenue Service today issued Notice 2020-58 (PDF) that provides additional relief to taxpayers in satisfying…