On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (TCJA), the most extensive overhaul of the United States tax regime in over thirty years. The new tax law will have a significant impact upon...more
1/3/2018
/ Business Income ,
Business Taxes ,
Carried Interest ,
Corporate Taxes ,
Foreign Subsidiaries ,
Income Taxes ,
Investment Portfolios ,
Net Operating Losses ,
New Legislation ,
Pass-Through Entities ,
Private Equity ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
Wage and Hour
With the affirmative vote in the House today, both Houses of Congress have now passed a final version of the Tax Cuts and Jobs Act, clearing the legislation for President Trump’s signature. President Trump is widely expected...more
12/21/2017
/ Business Taxes ,
Capital Expenditures ,
Carried Interest ,
Charitable Donations ,
Corporate Taxes ,
Dividends ,
Estate Tax ,
Executive Compensation ,
Foreign Affiliates ,
GAAP ,
Generation-Skipping Transfer ,
Gift Tax ,
Homeowners ,
Income Taxes ,
Interest Rates ,
International Tax Issues ,
IRS ,
Itemized Deductions ,
Local Taxes ,
Mortgage Interest ,
Net Operating Losses ,
Outbound Transactions ,
Pass-Through Entities ,
Pending Legislation ,
Personal Exemptions ,
Real Estate Market ,
Real Estate Transactions ,
Repatriation ,
Standard Deduction ,
State Taxes ,
Stocks ,
Subpart F ,
Tax Assessment ,
Tax Incentives ,
Tax Liability ,
Tax Rates ,
Tax Reform ,
Transfer Taxes ,
Trump Administration
As an update to our previous blog post entitled, Senate Stays Up Late to Approve Tax Bill, dated December 5, 2017, the Senate and the House appear to have come to an agreement on the final version of the tax bill that will be...more
On December 2, the Senate passed its version of the Tax Cuts and Jobs Act. The House of Representatives earlier approved a competing version of the Act on November 16. The Senate and House entered into conference this week to...more
Yesterday the House of Representatives voted on and passed the Tax Cuts and Jobs Act. If passed by the Senate, the Act would significantly change the current federal income tax regime in the United States. ...more
11/17/2017
/ Alternative Minimum Tax ,
Business Taxes ,
Compensation & Benefits ,
Corporate Taxes ,
Estate Tax ,
Income Taxes ,
International Tax Issues ,
Legislative Agendas ,
Pass-Through Entities ,
Proposed Legislation ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Tax-Exempt Bonds ,
Trump Administration