Tag Archives: Atlanta Tax Planning Attorneys
How the 2017 Tax Act Affects Your Income Tax Return
On December 22, 2017, the Tax Cuts and Jobs Act of 2017 (P.L. 115-97) was signed into law (the “Act”). The Act represents the most sweeping tax legislation since the Tax Reform Act of 1986 and will affect every individual, business owner, and corporate tax payer in the U.S. The Act contains significant changes… Read More »
Choice of Entity Under the New Tax Law
On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act of 2017, which significantly changed tax planning for all businesses. Current business owners should consider whether changes to their existing form of business would be beneficial under the new law; and those contemplating establishing a new business should rethink… Read More »
2017 Tax Reform: Last-minute, Year-end Moves in Light of Tax Cuts and Jobs Act
2017 Tax Reform: Last-minute, Year-end Moves in Light of Tax Cuts and Jobs Act Congress is enacting the biggest tax reform law in 30 years, one that will make fundamental changes in the way you, your family, and your business calculate your federal income tax bill and the amount of federal tax you will… Read More »
Unified Framework for Fixing Our Broken Tax Code
On September 27, 2017, the Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance released a long-awaited tax proposal, titled the Unified Framework for Fixing Our Broken Tax Code (the “Framework”). As with prior proposals, the Framework paints in broad policy strokes and is short on actual detail,… Read More »
