Objective
- Understand the new tax rules resulting from the Tax Cuts and Jobs Act of 2018
- Undertake a general review of the tax changes taking effect in 2018 that result from the Tax Cuts and Jobs Act of 2017
Highlights
- General review of the Section 199A 20% deduction
- Depreciation changes taking effect in 2018
- Changes relating to the standard deduction, itemized deductions and credits
- Extender provisions enacted in 2018 and retroactively applying to 2017
- Tax rate changes for C corporations and individuals
- New Loss limitation rules applicable to individuals and pass-through entity owners
- Much more relating to the important 2017 legislation
Designed For
Tax practitioners who need a refresher on significant tax changes resulting from the Tax Cuts and Jobs Act of 2017 that took effect in 2018Prerequisite
A basic understanding of the tax rules relating to individual income taxAdvanced Preparation
None