Nondeductible Employee Parking Expensing

By |2020-11-13T17:01:26+00:00January 3rd, 2019|Internal Revenue Section 512(a)(7)|

The Tax Cuts and Jobs Act (TCJA) enacted into law in December 2017 added Internal Revenue Code Section 274(a)(4) to eliminate employers from deducting expenses paid after December 31, 2017 to provide employee parking.