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Fringe Benefit Deduction Update

ICYMI: The Tax Cuts & Jobs Act has made changes to fringe benefit deductions, including those related to transportation, bicycle commuting, moving, and achievement awards. These changes could potentially affect a company’s bottom line and its employees’ deductions. For more information, visit this IRS tax tip: http://bit.ly/2HlHqRd or contact your #KPMTax advisor. #KPMNews

 

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