The Tax Cuts and Jobs Act (H.R.1) will impact nearly every individual and business. Signed by President Trump on December 22, this bill is bigger than anything we have seen in 30 years. Are you ready?
Learn how the lower individual and corporate tax rates will affect you and your clients. Learn about the (big) rules changes for passthrough entities, state and local taxes, and the changes affecting individuals. Learn what tax credits are staying, becoming temporary, or just going away. Learn how best to help your business clients plan for the future. You do not want to miss this update!
Topics:
- Taxation of pass-through entities
- Changes in individual deductions and credits, including child tax credit, standard deduction, personal exemption, state and local taxes and mortgage interest.
- New depreciation and Section 179 rules
- Individual and Corporate tax rate changes
- Repeal of the Obamacare individual mandate
- AMT
- Estate and gift tax
- Business deduction and credit limitations
- Changes in the NOL rules
Learning Objectives:
Upon completion of this webinar, you should be able to:
- Discuss the major changes to personal returns.
- Explain the flow through deduction.
- Discuss the major changes with regard to corporations.
Presented Tim Sundstrom CPA, CFP
NSA ConnectED Webinar Series
Program Level: Basic
Prerequisites: None
Advance Preparation: None
Delivery Method: Group-Internet Based
No refunds or exchanges for cancellations. For more information regarding refund, complaint and/or program cancellation policies, please contact NSA toll-free at 800-966-6679.
NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.