The legislation has passed; Congress has drastically changed the Internal Revenue Code by enacting the Tax Cuts and Jobs Act of 2017 (the "Act"). This class will outline all of the significant changes in the 1,100-page Act. In this course, the participant will learn the legislative changes and how these changes will affect the compliance and planning needs of their clients. This novel course is one that practitioners cannot afford to miss!
For the webcast version, click here.
Learning Objectives
*To provide practitioners with an understanding of the major changes to the Internal Revenue Code created by the Tax Cuts and Jobs Act of 2017 *To provide practitioners with ideas as to how to create and/or update their client's tax, financial, and estate plans due because of the Act
Major Topics
Review of new legislation, including: *Sunset provisions *Affordable Care Act issues *Tax Rates *Standard Deduction changes *Itemized Deduction changes *Tax Credit changes *Due Diligence issues *"Kiddie Tax" issues *Education issues *Alimony issues *MSAs and HSAs *Fringe Benefit issues *Retirement plan changes *Estate and Gift tax changes *Home Sale Exclusion issues *Private Activity Bond issues *Alternative Minimum Tax issues *Business Expensing issues *Luxury Automobile Limit issues *Recovery Periods *IRC 179 issues *Business Interest restrictions *Business Entertainment issues *Net Operating Loss issues *Business Credit issues *Pass-Through Business tax rates *Corporate Tax Rates *Exempt Organizations *IRS Administration issues, *International issues *Repatriation issues
