Tackling TCJA changes this tax season

By: Bonner, Paul [author]
Language: English Copyright date: 2019 In: Journal of Accountancy Vol. 227 Issue 1: (January 2019), pages 16-20Summary: The article discusses the changes to the U.S. government's Tax Cuts and Jobs Act (TCJA) with regard to the provisions for businesses and individuals for the 2018-2019 tax season. TCJA was reportedly enacted on December 22, 2017, however certified public accountants are still struggling with implementing the revised provisions. Topics include individual provisions, business provisions, and qualified business income deduction.
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The article discusses the changes to the U.S. government's Tax Cuts and Jobs Act (TCJA) with regard to the provisions for businesses and individuals for the 2018-2019 tax season. TCJA was reportedly enacted on December 22, 2017, however certified public accountants are still struggling with implementing the revised provisions. Topics include individual provisions, business provisions, and qualified business income deduction.

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