The recent tax reform legislation, HR 1, makes significant changes to the treatment of fringe benefits under the Internal Revenue Code, most of which are effective for taxable years beginning on and after January 1, 2018. For more information about these changes, please read our LawFlash How Tax Reform Will Change the Treatment of Fringe Benefits. If you have questions about the LawFlash, we encourage you to contact any of our authors or your benefits counsel.
In addition, to learn more about US tax reform, please visit our resource center on Navigating US Tax Reform.