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Showing posts from January, 2019

2018 Automobile Rules bulletin

The taxable income resulting from the personal use of automobiles provided by an employer is computed by the employer using guidelines established in the Internal Revenue Service regulations and must be reported on a Form W-2, Employee Wage and Tax Statement. This information is required to enable the employees to prepare their individual tax returns. The employee is to receive a Form W-2 no later than January 31, 2019.

For more information please see our  2018 Automobile Rules bulletin