Tax Court Clarifies Employee Tool Plans

Published Categorized as Articles, Houston, Tax

Prior to the Tax Cuts and Jobs Act (“TCJA”) of 2018, it was common for employers to simply pay employees more and leave it to the employees to deduct their employee business expenses on their personal income tax returns. The TCJA limited the employee’s ability to deduct employee business expenses. Many employers responded by adopting… Continue reading Tax Court Clarifies Employee Tool Plans

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