There has been much talk about the need for tax changes. Many tax rules put in place by the Tax Cuts and Jobs Act of 2017 (TCJA) are set to expire at …Read moreabout Tax Changes Expected from a New Administration and New Congress ...
The Tax Cuts and Jobs Act (TCJA) was passed into law at the end of 2017 and made changes that affect all kinds of taxes – individual, corporate, partnership and other “passthrough” business entities, estate, and even tax-exempt organizations. While this article looks at tax changes for ...
The way that backdoor Roth IRAs work has changed over the years. Although IRA funds that were transferred to Roth IRAs in pre-2018 conversions could be recharacterized as traditional IRA contributions before 2018, theTax Cuts and Jobs Act (TCJA)of 2017 banned the strategy of recharacterizing c...
TheTax Cuts and Jobs Act (TCJA)was a major overhaul of thetax code, signed into law by President Donald Trump on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017, by a party-line vote of 51 to 49. The House passed its version by a vote of 224 to 201.1No House Democrats...
The Tax Cuts and Jobs Act (TCJA)—enacted on January 1, 2018, under President Donald Trump—is significant legislation that altered many parts of the federal U.S. tax code. Many of its provisions are scheduled to sunset in 2025.
The spotlight may be on the US 2024 presidential election, but tax executives can’t afford to take their eyes off 2025 and beyond. That’s when federal and global tax policies will come to a head. Key individual provisions of the Tax Cuts and Jobs Act (TCJA) of 2017 expire, and chan...
A key selling point of the2017 Tax Cuts and Jobs Actwas that it would discourage multinational corporations from funneling billions in profits to offshore tax havens, bringing that money back to the U.S. where it could create jobs and boost economic growth. But a recent analysis concludes tha...
这次税改法案是30多年以来对美国税法最大的一次调整。根据最新通过的税改法案,美国的公司税率将下调为20%。 预计特朗普将于2017年底前正式签署批准税改立法。在特朗普签署之前,立法者需要解决此次参议院通过的法案与上个月众议院所通过法案两个版本间的区别问题。预计下周一参众两院代表就会开始着手解决两个版本之间的分...
The Tax Cuts and Jobs Act (TCJA), signed into law on December 22, 2017, is arguably the most comprehensive reform of U.S. tax code since 1986. In particular, the TCJA makes fundamental changes to the way corporations and pass-through entities are taxed. This alert briefly explains some ...
November 5, 2018 www.cordascocpa.com TAX CUTS AND JOBS ACT (INCLUDING RECENT IRS GUIDANCE) INTRODUCTION The "Tax Cuts and Jobs Act" (TCJA) signed into law in late 2017 represents the most substantial tax reform legislation since 1986, and most of its provisions are first effective in 2018...