IRS updates guidance for deductible business, charitable, medical and moving expenses

The Internal Revenue Service issued guidance for taxpayers with certain deductible expenses to reflect changes resulting from the Tax Cuts and Jobs Act (TCJA). Revenue Procedure 2019-46, posted November 14, 2019, on IRS.gov, updates the rules for using the optional standard mileage rates in computing […]

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Moving Expenses

Summertime is a time that a lot of taxpayers are relocating for job changes, so we thought this would be a good time to cover some of the expenses that you may be able to deduct on your tax return. This list may not include […]

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