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.
Tax Basis Planning After the TCJA
The Tax Cuts and Jobs Act’s passage resulted in many changes that need to be accounted for when planning for tax basis. Read on for some recommendations as the next filing season approaches.
2019 Individual Tax Year in Review
The Tax Cuts and Jobs Act had a significant effect on individual taxpayers, with recent guidance helping clarify some issues that were initially surrounded with uncertainty. Read on for details.
Guidance for GILTI High-Tax Exception
Newly issued proposed regulations include a new global intangible low-taxed income (GILTI) high-tax exception election that would apply to any high-taxed controlled foreign corporation income that would otherwise be tested income and change the…
Student Loan Repayment Programs: What Are They & How Will the IRS Respond?
Some employers are starting to offer programs to help employees with student loan debt. The IRS is expected to issue guidance on these programs, but details are unclear at the moment. Read on for more details.
Estate Planning After Tax Reform
The changes to tax exemptions for estate and gift planning as a result of the Tax Cuts and Jobs Act have created a number of new considerations for individual taxpayers. Read on for details.
Simply Tax Episode 74: Tax Reform Insights for Financial Institutions
The sixth and final episode in a series on what we learned from applying the provisions of the Tax Cuts and Jobs Act.
Simply Tax Episode 73: Tax Reform Insights for Construction & Real Estate
The fifth episode in a series on what we learned from applying the provisions of the Tax Cuts and Jobs Act.
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.
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.
