President Donald Trump signed the bill informally known as the Tax Cuts and Jobs Act (the Act) into law on December 22, 2017, and the sweeping changes to the Internal Revenue Code are still being unraveled. Although not among the most significant changes in the Act, the new law removes a number of deductions for employer-provided fringe benefits and perks. In light of the loss of these deductions, employers may want to re-evaluate whether and how they provide some fringe benefits. Continue reading >