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Tax reform playbook: What you can do now and how to plan ahead

May 8, 2018 White Paper 28 minute read
Michael Monaghan Kurt Piwko
Wondering how the new tax reform legislation impacts your business? Do you have a clear idea of what you need to do, how, and by when? Our tax reform playbook can help.

Take a systematic approach to the Tax Cuts and Jobs Act (TCJA) to maximize your benefits and minimize your costs

For most commercial businesses, the Tax Cuts and Jobs Act (TCJA) offers a welcomed profitability boost. The tax reform legislation significantly lowers corporate tax rates, but its provisions raise the stakes for how tax planning strategies can help – or hurt – your business going forward.

Our interactive playbook will help you evaluate, in clear and understandable terms, what implementing tax reform will look like for your business – including how to define your plays, take prompt action, and plan for the future.

Explore this comprehensive tax reform guide and discover:

  • Bottom-line implications of key provisions of the new tax reform legislation, including bonus depreciation, QBID, NOLs, deemed repatriation of earnings from foreign business activities, and more
  • How international businesses will be affected on topics including:
    • Foreign tax credit utilization
    • Base erosion anti-abuse tax (BEAT)
    • Global intangible low-taxed income (GILTI)
    • Foreign-derived intangible income (FDII)
  • What you can do now to optimize your position for the 2017 tax year before it's too late
  • How to prepare your business for the 2018 tax year and beyond on issues including:
    • Entity choice
    • Revenue recognition
    • Tax implications for buyers and sellers involved in M&A transactions
    • Small taxpayer accounting method considerations
    • Estate tax changes  

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