by OCA | Oct 26, 2020 | Alerts, Brokers, Commuter, COVID-19, FSA, Healthcare Reform, News, OCA News
IRS Annual Limits IRS Releases 2021 Cost of Living Adjustments for Certain Tax Provisions On October 26, 2020, the IRS released IRS Revenue Procedure 2020-45 which provides the 2021 cost-of-living increases for inflation for certain items. The below chart summarizes...
by OCA | Feb 10, 2018 | Commuter, Home, News
On December 22, 2017, President Donald Trump signed H.R. 1 (formerly known as the 2017 Tax Cuts and Jobs Act) into law; Congress passed the bill on December 20. The tax reform bill will be in effect from 2018 through 2025, and beyond. This piece of legislation affects...