Tax Code Clarity
In late December, President Donald J. Trump signed the tax legislation informally known as the Tax Cuts and Jobs Act (TCJA) into law, representing one of the largest overhauls of the Internal Revenue Code in more than 30 years. Many TCJA provisions took effect January 1, 2018, and affect virtually all U.S. taxpayers, including individuals, businesses, exempt organizations and trusts and estates. BKD’s trusted tax advisors are here to clarify the revised tax code and help you understand how the most significant changes may affect you.
What Changed
Compare significant provisions of the TCJA to previous tax law. Unless stated otherwise, these provisions generally apply to tax years beginning after 2017.
How it Affects You & Your Industry
Take a look at industry-specific BKD Thoughtware® to see tailored information about how the TCJA may affect you
Questions?
Contact us below with any tax related questions you might have.
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