On Dec. 22, 2017, President Donald J. Trump signed into law the Tax Cuts and Jobs Act (the Act). The Act is the most comprehensive tax reform package since the Tax Reform Act of 1986. It contains sweeping changes to corporate and individual tax rates, deduction limitations, foreign earnings taxation and the tax treatment of pass-through entities (PTEs) such as S corporations (S corps) and limited liability companies taxed as partnerships or S corps.
ARTICLE ACCESS REQUIRED
Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).
If you are interested in unlimited article access for one year, please select Annual Subscription below.