Tax Reform Resource Center
Tax Reform News & Information
Tax Code Clarity
On December 22, 2017, 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. , 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. Check out some of our latest tax reform news, information & provisions below.
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BKD 2018 Year-End Tax Advisor
We're unveiling a new digital e-book for the Tax Advisor this year. You'll now find the trusted year-end tax planning advice you need in a fresh, interactive format that's easy to access on a computer or a mobile device.
BKD 2018 Federal Quick Reference Guide
The U.S. tax code continues to evolve as revisions and clarifications to the Tax Cuts and Jobs Act are issued. Be sure you’re ready—start by downloading our Quick Reference Chart, which is up to date for 2019.
Simply Tax Episode 72: State & Local Tax Insights on the TCJA
The fourth episode in a series on what we learned from applying the provisions of the Tax Cuts and Jobs Act.
Simply Tax Episode 71: Insights on the International Provisions of the TCJA
The third episode in a series on what we learned from applying the provisions of the Tax Cuts and Jobs Act.
Simply Tax Episode 70: Tax Reform Insights for Tax-Exempt Organizations
The second episode in a series on what we learned from applying the provisions of the Tax Cuts and Jobs Act.
Simply Tax Episode 69: Tax Reform Insights for Manufacturers & Distributors
The first in a series on what we learned from applying the provisions of the Tax Cuts and Jobs Act.
What We Learned from Tax Reform for Businesses
In this 75-minute presentation, a panel of BKD trusted advisors answers the most frequently asked questions since the enactment of the Tax Cuts and Jobs Act (TCJA).
What We Learned from Tax Reform for Individuals
In this 75-minute presentation, a panel of BKD trusted advisors answers the most frequently asked questions from individual taxpayers since the enactment of the Tax Cuts and Jobs Act (TCJA).
Qualified Opportunity Zone Update: IRS Issues Second Round of Guidance
The U.S. Department of the Treasury and IRS recently released their second round of guidance regarding Qualified Opportunity Zones (QOZ), addressing many outstanding questions regarding investing in a QOZ through a Qualified Opportunity Fund. Read…
Illinois Tax Reform & the Dubious Subgroup Schedule
As of January 1, 2017, the Illinois Department of Revenue eliminated the noncombination rule, affecting filing requirements for unitary business groups containing entities that are required to use special apportionment. Read on for more details on…
Specialized Resources
Simply Tax Podcast
Simply Tax cuts through the static of the tax world and doesn’t waste your time by needlessly tossing around 10-dollar terms and citing code sections. Host Damien Martin has a knack for boiling down complex issues for business professionals who need a trusted advisor to help strengthen their tax mind.
Other Resources
Here’s a collection of some other helpful resources we recommend dealing with the Tax Cuts and Jobs Act (TCJA).
TCJA Tax Charts
Compare significant provisions of the TCJA to previous tax law. Unless stated otherwise, these provisions generally apply to tax years beginning after 2017.
