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Four Questions About Tax Law's Fringe Benefit Changes, Bloomberg BNA

March 01, 2018

Mary B. Hevener discusses aspects of tax reform with Bloomberg BNA, including deductible expenses. “Senators, congressmen, and Hill staffers—and all federal government employees—also get ‘working condition fringes,’” such as chairs, desks, phones, and computers, Hevener said in the article. “It's insane even to think that all their expenses have to be taxed, simply because itemized deductions are limited. It was not intended, nor is such an interpretation supported by the statute of regulations.”