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

ThomsonReuters

Among these were several payroll-related provisions that are set to expire at the end of 2025, presenting challenges and opportunities for employers and employees alike. Possibility of retroactive changes He also believes that “from a payroll perspective…whatever changes come, they’re going to come late.”

Tax 98
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Work from anywhere with these new updates to our Xero apps

Xero

Save time on payroll and expense management Xero Me is a one-stop shop for employees to view their payslips, as well as submit timesheets, leave requests, expense claims and more. It means you spend less time chasing staff for information, and have the information you need to reimburse expenses and do accurate pay runs.