PBMares Accounting Blog

Kasey Pittman

Recent Posts

What You Need to Know About the Tax Cuts and Jobs Act

Posted by Kasey Pittman on Dec 22, 2017 11:16:25 AM

 

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Topics: Tax Planning

How to Prepare for the Potential Tax Reform Bill

Posted by Kasey Pittman on Dec 18, 2017 8:43:51 PM

 

On Friday afternoon, the combined House and Senate Conference Committee unveiled a reconciled tax bill (The Tax Cuts and Jobs Act) that would significantly overhaul individual and business tax filings. Most individual provisions will be in effect from January 1, 2018 through December 31, 2025 while most business provisions are permanent beginning January 1, 2018. Republicans, who drafted the bill, believe they have the votes needed to pass the legislation and are aiming for a vote on the proposed legislation as soon as Tuesday or Wednesday of this week. If approved by both houses, the bill will go to the President for his signature to become law.

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Topics: Tax Planning