Blog - Philadelphia CPA
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After weeks, indeed months of proposals and counter-proposals,seemingly endless negotiations and down-to-the-wire drama, Congress has passed legislation to avert the tax side of the so called "fiscal cliff". The American Taxpayer Relief Act permanently extends the Bush-era tax cuts for lower and moderate income payers,...

The supper money fringe benefit provides the employee with meal money and gives the employer a tax deduction that is not reduced by the 50 percent rule that applies to most meals.(1)Example. Your employee works overtime to complete the task that you assigned. ...