15 Apr 2021  • 

Webcast: The Next Decade for Business Following Tax Reform


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15 Apr 2021
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This new program examines the major provisions of the Tax Cuts and Jobs Act (TCJA) and their impact on different industries. The analysis includes .. Read more the key role that taxes play in economic policy, the stated goals of the TCJA, specific provisions, and recent results. The stated goal of the Tax Cuts and Jobs Act is to stimulate the U.S. economy after a long, but slow economic recovery from the Great Recession. The changes include significant cuts in corporate taxes, provisions for earnings from activities outside the U.S., and lower taxes for the majority of individual filers. As with all tax changes, the TCJA is based upon economic assumptions, but has resulted in significant accounting changes for both corporations and individuals. It's further complicated since some provisions for corporate taxes phase out and individual provisions sunset. The goals of this session are to provide CPAs with an understanding of tax policies; highlight the major provisions in the TCJA and their impact by industry; identify near and long-term concerns and trends that can shape the business environment; and discuss potential actions for management.

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