Make Tax Reform Work for You
The tax reform law commonly known as the Tax Cuts and Jobs Act (TCJA) made some of the most significant changes to corporate and individual taxation in more than 30 years. This guide highlights some of the key provisions that will affect your strategic planning for 2018 and beyond and help you utilize those changes to your advantage. It includes business tax changes, business credits and deductions, international tax provisions and individual tax changes.Most of the provisions in the new tax law took effect on Jan. 1, 2018, but a few are retroactive to 2017 and may require adjustments to 2017 tax filing strategies. The timing of the enactment of the new tax law — Dec. 22, 2017 — also carries ramifications for 2017 financial reporting.
Your 2018 Guide to the New Tax Law includes:
- Important rates, figures, and thresholds.
- Provisions where we expect further guidance.
- Tips for taking advantage of new benefits under the TCJA and minimizing the costs of others.
Published on September 17, 2018
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CBIZ MHM is the brand name for CBIZ MHM, LLC, a national professional services company providing tax, financial advisory and consulting services to individuals, tax-exempt organizations and a wide range of publicly-traded and privately-held companies. CBIZ MHM, LLC is a fully owned subsidiary of CBIZ, Inc. (NYSE: CBZ). MHM (Mayer Hoffman McCann P.C.) is an independent CPA firm that provides audit, review and attest services, and works closely with CBIZ, a business consulting, tax and financial services provider. CBIZ and MHM are members of Kreston International Limited, a global network of independent accounting firms. This publication is protected by U.S. and international copyright laws and treaties. Material contained in this publication is informational and promotional in nature and not intended to be specific financial, tax or consulting advice. Readers are advised to seek professional consultation regarding circumstances affecting their organization.