Tax reform and your business
How might new tax rules affect your business and tax planning?
On Dec. 22, 2017, President Trump signed H.R.1, often referred to as the Tax Cuts and Jobs Act, into law. The legislation includes sweeping changes. This resource center features our latest insights and programming, so that you understand what to expect and the potential impact to your tax planning process.
RSM's Washington National Tax team discusses the major business, international and individual provisions of the Tax Cuts and Jobs Act.
WHAT'S IMPORTANT TO KNOW NOW?
Mobility professionals should consider these four important tax reform changes and the cost impact of the new law on their businesses.
Employers have until February 15 to implement new 2018 income tax withholding rates to reflect recent law changes.
A summary of the FASB’s decisions on Jan. 10, 2018 on various income tax accounting issues arising from the Tax Cuts and Jobs Act.
Availability of newly refundable AMT credit carryforwards in light of section 383 credit utilization limitation presents issue.
Refundings of tax-exempt bond issues now treated as taxable income to bondholders under the Tax Cuts and Jobs Act.
Major changes to the treatment of research and experimentation expenditures are coming in 2022 as a result of Tax Reform.