The Setting Every Community Up for Retirement Enhancement (SECURE) Act contains major changes to IRAs and employer-based retirement plans. The New Jersey Pass-Through Business Alternative Income Tax Act, just signed on January 13, also impacts how S corporations, partnerships, LLCs and their owners are taxed in New Jersey.
Every tax professional who deals with required minimum distributions, estate planning, preparing 2019 tax returns and those who deal with pass-through entity tax planning challenges.
After taking this program, you will be better suited to help your clients with retirement planning as well as pass-through business owners who have been struggling with SALT deduction limitations.
Discuss significant changes, such as:
- Elimination of the 10-year rule
- Extender legislation
- Changes to the Affordable Care Act
- New Jersey taxation changes at the entity level versus the personal income tax level
- How to reduce the negative impact of the federal SALT deduction cap