Tax Cuts and Jobs Act: The Effect on Individual Taxpayers
The Tax Cuts and Jobs Act of 2017 represented the most sweeping legislative change to the Internal Revenue Code since the Tax Reform Act of 1986. This webinar will cover the many provisions of the TCJA affecting individual taxpayers. Bonus coverage will include brief discussions of changes to the estate and gift tax rules and the Qualified Opportunity Zone program.
- Understand the fundamental changes affecting preparation of IRS Form 1040 for the taxable years of 2018-2025 (and beyond, if Congress extends these portions of the TCJA).
- Learn about the various workarounds different states have proposed for the limitation on deductions for state and local taxes, including prognostications about whether these workarounds will actually be honored by the federal government.
- Come away from the program with strategies about how to achieve better tax outcomes for their individual clients.
- Hear new ideas about what the changes to the estate and gift tax will mean for their clients, even the ones without federally taxable estates.
Join Matthew Rappaport as he breaks down the TCJA and helps you understand the impact this will have on you and your business.
Matthew E. Rappaport is Vice Managing Partner of Falcon Rappaport & Berkman PLLC, and he chairs its Taxation and Private Client Groups. He concentrates his practice in Taxation as it relates to Real Estate, Closely Held Businesses, Private Equity Funds, and Trusts & Estates. He advises clients regarding tax planning, structuring, and compliance for commercial real estate projects, all stages of the business life cycle, generational wealth transfer, family business succession, and executi... View Full Profile