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Tax expert advises “be prepared early” for potential TCJA changes

ThomsonReuters

MARCH 5, 2024

He added that the uncertainty of what will happen on January 1, 2026 prompted many tax practitioners to start thinking about various scenarios now to be ready to implement one option or another to prevent an unfavorable tax consequence from a partial or total lapse of provisions in the law. 199A TCJA provision is let to expire.

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Tax payroll Expense Reimbursements Gaming 98
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IRS Issues 2020 Form 2106 and Instructions

ThomsonReuters

MARCH 4, 2021

The form and its instructions are substantially similar to the 2019 versions, but they have been revised to take into account changes to the standard mileage rate, depreciation limits on vehicles, and updates to forms and schedules referenced in Form 2106. (As Contributing Editors: EBIA Staff.

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Expense Reimbursements Government Tax Account 52
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