Jun 28, 2019 | News and Alerts
This article was originally published in the Summer 2019 edition of the Georgia Motor Trucking Association (GMTA)’s magazine, TRUX. By Chris Arnone, Joe Coleman and Steven Murphy Not since the 1980s have trucking companies and drivers been faced with sweeping...
Jun 20, 2019 | News and Alerts
The U.S. Senate has passed, and President Trump is expected to sign into law, a broad package of reforms aimed at the IRS. Among other things, the Taxpayer First Act contains several new protections for taxpayers, along with provisions intended to improve the...
May 30, 2019 | News and Alerts
The IRS has updated the inflation-adjusted “luxury automobile” limits on certain deductions taxpayers can take for passenger automobiles — including light trucks and vans — used in their businesses. Revenue Procedure 2019-26 includes different limits for purchased...
May 21, 2019 | News and Alerts
The IRS recently announced the inflation-adjusted maximum value of an employer-provided vehicle under the vehicle cents-per-mile rule and the fleet-average value rule. Employers can use the rules to value an employee’s personal use of such a vehicle for income and...
Apr 15, 2019 | News and Alerts
News and Alerts Congress has yet to tackle several outstanding uncertainties frustrating both businesses and individual taxpayers. The Tax Cuts and Jobs Act (TCJA), for example, contains several “glitches” requiring legislative fixes. Congress also has neglected to...
