TAX REFORM HEADQUARTERS

The tax reform bill will have a certain impact on taxpayers and business owners in 2018. GranthamPoole has been on top of the news as it breaks and will be continuing to keep you up-to-date. When it comes to Tax Reform, We See You Through!

Watch the GranthamPoole Tax Reform Seminar

Listen in as experts at GranthamPoole PLLC discuss some of the important changes in the tax code at our recent Tax Reform Seminar. The seminar covers changes such as individual tax rates, healthcare mandates, personal deductions, general business provisions, depreciation (including bonus depreciation), capitalization, and much more.

Have questions about Tax Reform?

RECENT TAX REFORM NEWS

Back to School- Savings with 529 Plans After Tax Reform

As your kids are getting ready to go back to school, you may be asking yourself how it can be that summer is almost over. It’s true that time flies, and before you know it, it’s time for your child to start a new school year or to launch a new chapter...

Alimony and the New Tax Act

The Tax Cuts and Jobs Act (the Act) ushered in significant tax reforms for both individuals and businesses with its passage last December. Most of these changes take effect in 2018, and their impact will be seen and felt immediately. One of the...

529 Plans After Tax Reform – Better Than Before

Qualified tuition plans, also known as “529 plans” in reference to the applicable Internal Revenue Code Section, have been around for years, allowing for tax-free investment gains as long as the funds are used for qualified higher education...

Effect of the Tax Cuts and Jobs Act on Valuations

The wide-reaching provisions of the Tax Cuts and Jobs Act (TCJA) will significantly affect values of businesses and assets.  Small business owners and investors in closely-held businesses need to consider carefully whether existing values...

Tax Reform Limits State and Local Tax Deduction

One of the areas affected by the Tax Cuts and Jobs Act (TCJA) is individual itemized deductions.  This article will address one specific itemized deduction, among several, that will be impacted. There is a new limit placed on individual's itemized...

Estate Planning Considerations as a Result of Tax Reform

The Tax Cuts and Jobs Act of 2017 (TCJA) reduces individual and corporate income tax rates, removes a multitude of credits and deductions, enhances other provisions and makes numerous additional changes. While the estate tax remains, the integrated gift...

Pass-Through Deduction and Tax Rate Drops in Action

We discussed recently a brief overview of the new tax rate changes for both corporations and individuals, as well as the new pass-through deduction of Internal Revenue Code Section 199A. (Read here) Now we want to look a little more closely at how this...

How Tax Reform Affects Owners of Commercial Real Estate

Since the passage of the Tax Cuts & Jobs Act on December 22, we have seen a barrage of articles attempting to summarize and explain the effects this tax reform package will have on individuals and businesses.  The purpose of this article is to...

The Pass-Through Deduction and Tax Rate Drops – A Brief Discussion

Income tax rules are like life: interrelated and complex.  However, also like life, understanding a particular aspect of the tax rules sometimes requires focus on just a few key areas at once.  Such is the case with the recently passed Tax Cuts & Jobs Act,...

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