• The JHCO Tax Blog

    Interesting information on Individual and Business Taxes

    Beginning in 2020, employers have two new options for providing their employees with health care benefits. Both options are Health Reimbursement Arrangements (HRAs) which are account-based group health plans funded solely by employer contributions. Salary reduction or other employee contributions...
    Technology has made it easier to work from home so lots of people now commute each morning to an office down the hall. However, just because you have a home office space doesn’t mean you can deduct expenses associated with it. Regularly and exclusively In order to be deductible for 2019 and 2020,...
    As part of a year-end budget bill, Congress just passed a package of tax provisions that will provide savings for some taxpayers. The White House has announced that President Trump will sign the Further Consolidated Appropriations Act of 2020 into law. It also includes a retirement-related law...
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