Gear Up

Course Detail

Tax Cuts and Jobs Act: What You Need to Know - 2018 Self Study  

CATEGORY: Taxation
Print Based
8 CPE Credits
Level: Basic

The Tax Cuts and Jobs Act represents the largest change in tax law since the big Tax Reform Act of 1986. This seminar will cover all the important details which tax professionals need in order to advise clients how they will be affected by this massive tax Act. The legislation is quite complicated but it will all be explained in plain English with many examples to make it understandable. The manual contains over 50 chapters covering all the changes that affect individuals as well as businesses. For individuals the seminar covers new tax rates and brackets, new standard deductions, new credits, big changes on Schedule A and much more. For business the seminar covers the new 20 % Qualified Business Income Deduction, new limitations on business losses and interest expense, restrictions on deducting certain expenses as well as the big changes in depreciation. For all businesses It has become necessary to revisit the choice of entity. The course shows how this should be tackled with examples which offer guidance to tax professionals. Finally the course also touches on changes in the areas of estate taxes and taxation of foreign income. As a bonus the seminar will cover more recent tax legislation such as the Bipartisan Budget Act of 2018 and The Consolidated Appropriations Act of 2018. Available July 2018 CPE credit good for one year from release.

Add to Cart


Accreditation Information

Learning objectives

Course outline