2018 Reimbursements For 2017 Moving Expenses Can Be Tax-Free
The Internal Revenue Service (IRS) has offered guidance for taxpayers who moved in 2017, but expenses weren’t reimbursed or paid until 2018.
-
-
Fix The Tax Code Friday: Charitable Deductions
Earlier today, I blogged the case of the Herbstreits who have sued the IRS for denying a charitable deduction for donating their home (but not the related property) to the local fire department for training purposes. Since then, I’ve had a few interesting conversations (including on twitter) about the value of the deduction. The IRS…