By Mary Hevener, Jonathan Zimmerman and Anna Pomykala (February 21, 2018, 10:21 PM EST) -- The Tax Cuts and Jobs Act makes significant changes to the treatment of fringe benefits under the Internal Revenue Code, most of which are effective for taxable years beginning on and after Jan.1, 2018. Several employer deductions will be reduced or eliminated under the Tax Cuts and Jobs Act, including the cost of business-related entertainment expenses and qualified transportation fringe benefits but employers may be able to claim a credit for a percentage of wages paid to qualifying employees on family and medical leave. Among other changes, the law repeals the deduction of alimony payments and employees can no longer exclude moving expense reimbursements they receive from employers or deduct moving expenses they pay themselves. Some of the changes affect the employer deduction for fringe benefits, while others affect the tax treatment for employees. The new law also includes miscellaneous other changes....