Tax reform and the IRS: Five takeaways for tax practitioners
Tax administration, post–tax reform, is markedly different than before, for several reasons.
Tax Reform
Reporting life settlement sales after the Tax Cuts and Jobs Act
Find out about a new requirement for life insurance companies to report sales of life insurance policies.
Are client meals deductible after the Tax Cuts and Jobs Act?
Editor's note: Thank you for your interest in this article. The deductibility of business meals is an evolving issue under P.L. 115-97, known as the Tax Cuts and Jobs Act, and this article is no longer available.
Congress enacts tax reform
This column summarizes the federal tax law changes under reform enacted in December.
Practitioners need immediate guidance on tax reform act, AICPA says
Thirty-nine areas in the recent tax overhaul act require immediate guidance, the AICPA told the IRS and Treasury.
FASB proposes corporate reporting change related to new tax law
FASB proposed a new standard that is intended to help organizations reclassify certain income effects in accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act.
FASB addresses financial reporting impacts of new tax law
FASB addressed numerous financial reporting implications of P.L. 115-97, known as the Tax Cuts and Jobs Act.
President signs tax overhaul into law
President Donald Trump signed H.R. 1, the Tax Cuts and Jobs Act legislation, thereby making it law.
How tax overhaul would change business taxes
The tax reform bill that Congress is expected to vote on this week contains numerous changes that will affect businesses large and small.
What the tax reform bill means for individuals
The tax reform legislation that Congress will consider this week contains many provisions affecting individuals—and many changes from both the House and Senate bills.
Congress passes tax reform
The House of Representatives reapproved tax reform legislation on Wednesday, sending the bill to President Donald Trump for his signature.
Senate passes tax reform bill; House must revote
The Senate voted early today in favor of the Tax Cuts and Jobs Act, H.R. 1, which the House of Representatives had approved Tuesday.
Conference committee approves tax reform legislation
House and Senate conferees agreed to legislative language of a tax reform bill that is expected to be voted on by Congress next week.
Senate passes tax reform bill
In the early hours of Saturday morning, the U.S. Senate passed its version of the Tax Cuts and Jobs Act bill by a vote of 51–49.
Treasury announces which burdensome tax regulations will be withdrawn or amended
Treasury said it intended to withdraw the Sec. 2704 valuation discount regulations and portions of the Sec. 385 corporate inversion regulations.
Senate tax reform bill contains more changes
The version of the tax reform bill passed by the Senate Finance Committee holds several more changes affecting both individuals and businesses.
House passes tax reform bill
The U.S. House of Representatives passed the Tax Cuts and Jobs Act bill, H.R. 1, by a vote of 227–205.
Senate Finance Committee modifies tax reform proposal
The revised chairman’s mark of the Senate tax reform bill contains many significant changes to the proposed legislation.
House Ways and Means approves amended Tax Cuts and Jobs bill
The committee voted to send an amended version of the Tax Cuts and Jobs tax reform bill to the full House.
Senate tax reform bill differs from House version in many ways
Differences include tax rates, treatment of various deductions and a delay in the reduction of the corporate tax rate.
