--(BUSINESS WIRE)--Wolters Kluwer Tax & Accounting:
What: Wolters Kluwer Tax & Accounting just published its updated tax briefing, “Tax Cuts and Jobs Act,” to reflect the conference agreement unveiled by the House and Senate Conference Committee. The conference agreement contains numerous changes from the House and Senate tax reform bills. Votes are expected in the House and Senate early this week. Indications are that there are sufficient votes for passage, and the legislation could be signed by the President by December 22, 2017.
Why: Taxpayers will want to keep abreast of these developments to anticipate possible actions to take in the remainder of 2017 or 2018 to maximize the timing of revenue recognition and tax deductions and credits claimed and other planning to take maximum advantage of the changes being brought about by the legislation.
Who: Tax expert Mark Luscombe, JD, LL.M, CPA, Principal Federal Tax Analyst at Wolters Kluwer Tax & Accounting, is available to discuss the following issues in more detail:
- What are the key components of the tax reform conference agreement
- What is different in the conference agreement from the House and Senate bills
- How are the prospects for enactment in 2017 looking
- What tax planning should taxpayers be thinking about for 2017 and 2018
Contact: To arrange interviews with Mark Luscombe or other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topics, please contact:
MARISA WESTCOTT | BRENDA AU | ||||
646-753-2980 | 847-267-2046 | ||||