Ellin & Tucker Offices
Tax Update: Parking Deduction Changes

Tax Update: Parking Deduction Changes

Information supplied by: Patrick St. Clair, Lisa Dembeck, Kim Wilhelm and Michael Strauss

We’ve all been waiting with bated breath for the IRS to begin providing guidance on how some of the more minute changes in the Tax Cuts and Jobs act will be interpreted. Earlier this month we finally received some clarity about the changes to parking expense deductions. While we still have a few lingering questions about this area, the guidance definitely clears some things up. For a brief synopsis of what the IRS confirmed, check out this quick video. As always, if you have any questions about your specific situation, please don’t hesitate to reach out to us at taxtalk@ellinandtucker.com.


About Ellin & Tucker

Founded in 1946, Ellin & Tucker is a leading CPA firm headquartered in Baltimore, Md. that specializes in accounting, auditing, consulting, forensics and valuation and tax services. As the fifth largest accounting firm in Greater Baltimore, Ellin & Tucker employs more than 120 people in offices across Baltimore City, Belcamp, Frederick and Washington D.C. and serves national and international clients through its affiliation with DFK International/USA, a top 10 international association of independent, full-service accounting firms and business advisors in major geographic and economic centers throughout the U.S. and around the world.

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