Tax reform is here…Now what?

Now that tax reform has been signed into law, what does that mean to you and to your business? • For INDIVIDUALS, we will discuss: o Tax deduction and exemption changes, tax rates, tax credits, the ACA, the “kiddie” tax, changes to net operating loss (NOL) rules, and effects on retirement savings o Changes to the estate tax, gift tax, and goods and service tax (GST) o Changes to exclusions and strategies for your future • For BUSINESSES, we will discuss: o Corporate rate reductions o Pass through deductions o Updated depreciation rules o Interest deduction limitations o Excess business deductions o Like-kind exchanges o The repeal of the domestic properties activity deduction (DPAD) and the alternative minimum tax (AMT) Join us in discussing this legislation and how it will affect you. You will come away with information, tools, and insight into your options. – Presented by – Kyle Perry, CPA Wipfli, LLP