The Tax Cuts & Jobs Act

 

News and Articles

Treasury, IRS Propose Regs on New 100-Percent Depreciation

Posted: August 3, 2018
The Treasury Department and the IRS have issued proposed regulations on the new 100-percent depreciation deduction that allows businesses to write off most depreciable business assets in the year they are placed in service.

IRS Issues Guidance on Small Business Accounting Method Changes Under TCJA

Posted: August 3, 2018
The IRS has issued guidance on new tax law changes that allow small business taxpayers with average annual gross receipts of $25 million or less in the prior three-year period to use the cash method of accounting.

The Effect of Tax Law Changes on Financial Planning

Posted: August 2, 2018
Taking advantage of tax efficiency can make a significant difference in your clients’ personal lifestyles during retire­ment. It is most often the clients’ biggest expenditure, so it is important to help them reach their goals by following the new strategies available.

Preparers Share Their Initial Problems with the TCJA

Posted: July 5, 2018
Last December’s Tax Cuts and Jobs Act was the biggest change in tax administration in a generation, so it’s only natural that there would be issues with its implementation. So which problems loom first and biggest with tax preparers?

Tax Reform and the IRS: Five Takeaways for Tax Practitioners

Posted: June 25, 2018
Find out from the former chairman of the IRS Advisory Council how the new tax law might affect the IRS' ability to do its job.

State and Local Tax Implications of Federal Tax Reform for Tax-Exempt Organizations

Posted: June 13, 2018
The new tax law has made changes to taxation of tax-exempt organizations, including to the unrelated business income tax. Here's a look at those changes and their implications for state taxes.

Presentation Materials

The AICPA has developed two PowerPoint presentations for CPAs to use when discussing the Tax Cuts & Jobs Act with various audiences: