Tax Reform Legislation

When the Tax Cuts and Jobs Act was signed into law December 2017, it brought about the most significant overhaul of tax legislation in 30 years. Since its passage, the IRS has been working, and continues to work, on implementing the changes laid out by the Act, in addition to smaller changes to tax law. The adjustments have impacted individuals, businesses, tax-exempt organizations and government entities in how they compute taxable income and their income tax liability. Businesses and individuals have realized changes to their income tax rates, elimination or modification to credits, deductions and other tax preferences, as well as a host of other changes.

As modifications to tax law continue to be released, all taxpayers should expect and prepare accordingly for how the legislation has been or will affect their tax situation in the future. DHG’s Tax Reform team is comprised of experienced individuals ready to help you make sense of any and all legislative changes to tax law.

KNOWLEDGE SHARE

Publication
2020 Year-End Tax Planning
Publication
Small Business Accounting Regulations and Tax Shelter Implications
Publication
Estate Planning Opportunities in Uncertain Times

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