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Families & Individuals

How Individuals and Families Could Be Affected by the Tax Cuts and Jobs Act

If enacted in its current form, the proposed “Tax Cuts and Jobs Act” will substantially impact the income, gift, estate and generation skipping taxes. Should the bill become law, there are likely to be significant changes made to it, and we will keep you apprised of those as developments unfold. Continue reading for a brief summary of the provisions of the Act most directly affecting individuals and families.
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Nonprofits

Tax Cuts and Jobs Act: Comparison of House and Senate Bills for Colleges and Universities

On November 9, 2017, the Senate released a detailed description of its version of the “Tax Cuts and Jobs Act” (the “Senate Bill”). Like H.R. 1 (the “House Bill”), the Senate Bill, if passed, could have a significant impact on colleges and universities.

Continue reading for a brief summary of the provisions of both bills most directly affecting colleges and universities.
read more >

Businesses

How Businesses and Business Owners Could Be Affected by the Tax Cuts and Jobs Act

The proposed “Tax Cuts and Jobs Act” includes a number of provisions that could significantly impact the taxation of businesses and their owners. We thought it would be useful to highlight some of the more significant possible changes to watch as the process unfolds on Capitol Hill. There has already been an amendment offered by House Ways and Means Committee Chairman Kevin Brady and this alert includes the provisions of that amendment. To the extent the Act, or some form of it, becomes law it could require a review of certain aspects of our organizational structure and compensation plans.
read more >

How Individuals and Families Could Be Affected by the Tax Cuts and Jobs Act

If enacted in its current form, the proposed “Tax Cuts and Jobs Act” will substantially impact the income, gift, estate and generation skipping taxes. Should the bill become law, there are likely to be significant changes made to it, and we will keep you apprised of those as developments unfold. Continue reading for a brief summary of the provisions of the Act most directly affecting individuals and families.
read more >

Tax Cuts and Jobs Act: Comparison of House and Senate Bills for Colleges and Universities

On November 9, 2017, the Senate released a detailed description of its version of the “Tax Cuts and Jobs Act” (the “Senate Bill”). Like H.R. 1 (the “House Bill”), the Senate Bill, if passed, could have a significant impact on colleges and universities.

Continue reading for a brief summary of the provisions of both bills most directly affecting colleges and universities.
read more >

How Businesses and Business Owners Could Be Affected by the Tax Cuts and Jobs Act

The proposed “Tax Cuts and Jobs Act” includes a number of provisions that could significantly impact the taxation of businesses and their owners. We thought it would be useful to highlight some of the more significant possible changes to watch as the process unfolds on Capitol Hill. There has already been an amendment offered by House Ways and Means Committee Chairman Kevin Brady and this alert includes the provisions of that amendment. To the extent the Act, or some form of it, becomes law it could require a review of certain aspects of our organizational structure and compensation plans.
read more >

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