Five Tax Deductions that Disappeared in 2018
This article highlights five tax deductions that were eliminated through the enactment of the Tax Cuts and Jobs Act. These include moving expenses, unreimbursed business expenses, tax preparation fees, personal exemptions, subsidized parking and transit reimbursements for employers.
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If you have any questions about how the TCJA changes affect your tax planning for 2018, please call your tax advisor at Sharrard, McGee & Co., PA. You can reach us at (336) 884-0410 in High Point or (336) 272-9777 in Greensboro.
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BUSINESS
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Sharrard, McGee & Co., PA
800 Green Valley Rd #200, Greensboro, NC 27408