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  • Leadership
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    • Privately Held Companies
    • Non-Profit Organizations
    • Government Agencies
    • Government Contractors
    • Healthcare
    • Individuals
    • Manufacturing & Distribution
    • Architects, Construction & Engineering
  • Lifecycle
    • Exit & Succession
    • GAP Management
  • Services
    • Assurance & Reporting
    • Customized Accounting Solutions
    • Payroll
    • Income Tax Strategies & Returns
    • Sales Tax Reporting & Audits
    • Employee Benefit Plans & ESOPs
    • Fraud & Internal Controls
    • Valuations
    • Exit & Family Succession
    • Advisory Support
    • Abila™ Nonprofit Solutions
  • Careers
  • Resources
    • Brochures
    • Client Portal
    • Secure Send
    • Newsletter
    • Record Retention
    • Tax Organizer
    • Videos
  • Contact Us

Daily Archives: December 1, 2019

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Updated Rules: Deductible Business & Other Expenses

NewsletterBy Wessel & CompanyDecember 1, 2019

Updated Rules: Deductible Business & Other Expenses Taxpayers using optional standard mileage rates in computing the deductible costs of operating an automobile for business, charitable, medical or moving expense purposes should be aware of an updated set of rules. The updated rules reflect changes to certain deductible expenses resulting from the Tax Cuts and Jobs…

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