Jan 25 Recorded Webinar Series: Tax Cuts and Jobs Act
On December 22, President Trump signed into law the Tax Cuts and Jobs Act that will impact nearly every taxpayer in the United States. To help address the major changes that could potentially affect you and your organization, Sax’s in-house tax experts held an exclusive webinar series that broke down specific aspects of the new law.
Take a look at the recorded webinars as we dive into the various components of the Act, decipher the technical language so you have a firm understanding of how you are impacted, and walk away with tools to best prepare and account for the changes ahead.
Key Objectives: Impact of tax reform on c-corporation, s-corporation and partnership/LLC entity structures; areas to consider when converting from one entity structure to another; impact on the entity and its shareholders/partners.
If interested in viewing this presentation, please reach out to Bianca M. Madrigal at [email protected].
Net Operating Loss for Non-Corporations and Individual Tax Update
Key Objectives: Understanding the changes in tax rates, deductions, and tax credits and adjustments; implications for your personal income taxes.
Qualified Business Income
Key Objectives: Eligible entities, computational components (business interest expense deduction, Form W-2 wages, potential depreciation consequences) and tax planning considerations.
Interest Expensing, Compensation and Benefits
Key Objectives: New business and personal interest expense limitations and impact on other key provisions of the Tax Cuts and Jobs Act; understanding deductibility of employee benefits for employers.
Cost Recovery and Depreciation
Key Objectives: How the new tax law affects business decisions around fixed assets including bonus depreciation, passenger automobiles, Section 179 expensing, qualified improvement property, like-kind exchange and farm property.