Overview of the TCJA Bill On December 20, 2017, the House passed the reconciled tax reform bill, commonly called the “Tax Cuts and Jobs Act of 2017” (TCJA), which the Senate had passed the previous day. It’s the most sweeping tax legislation since the Tax Reform Act of 1986. The ...
The Tax Cuts and Jobs Act of 2017 (TCJA) and Its Impact on Investors, Their Trusts, Investment Entities, Retirement Plans and Estates--Part 1 Tax Reform for IndividualsMarsan, DeanJournal of Taxation of Financial Products
On December 20, 2017, for the first time in 30 years, Congress passed major tax legislation in the form of the Tax Cuts and Jobs Act of 2017, Pub. Law No. 115-97 (Act), signed into law by President Donald J. Trum...
1.税收悬崖:2017年推出的《减税和就业法案》(Tax Cuts and Jobs Act,TCJA) 2025年到期,不延长的话企业要死一片,延长的话那美国政府每年赤字就会上涨1个点。 2.企业债炸:2025年将有超过1.07万亿美元的美国企业债到期,且高风险高收益的企业债占比很大,再借债的话4.5%利率起步,如果没有其他补助那这些企业关门大...
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 Tax Cuts and Jobs Act (TCJA) of 2017 made major changes in tax filing, including increasing the amount of the standard deduction, removing personal exemptions, dropping income tax rates and limiting the amount of state and local income tax (SALT) that an itemizing taxpayer can deduct to ...
When the Tax Cuts and Jobs Act of 2017 (TCJA) introduced sweeping changes to the tax code, the new, flat, 21% rate for C corporations got all the buzz. While a reduction from a potential maximum of 35% to a flat 21% was indeed newsworthy, that particular provision of the TCJA didn...
WASHINGTON, Feb. 28 (Xinhua) -- Acting White House Chief of Staff Mick Mulvaney said Friday that President Donald Trump will engage in further tax cuts if getting re-elected, building on the Tax Cuts and Jobs Act of 2017. "We need to do the second part of the tax bill. We really do...
It's worth noting that, with the passage of theTax Cuts and Jobs Act (TCJA)in 2017, personal exemptions for parents and others with dependents were eliminated.2 However, several other tax-saving opportunities remain. These include: Head of householdfiling status ...
The Tax Cuts and Jobs Act (TCJA) is a major tax law passed by Congress and signed into law in 2017. Is the TCJA Still in effect? Yes, the TCJA remains in effect through the 2025 tax year, although some of its provisions could be superseded by new laws in the meantime. ...