Tax Reform Legislation

The most significant tax legislation in the past 30 years is now law. Many taxpayers will see changes in how they compute taxable income and to their income tax liability. Businesses and individuals will see changes to their income tax rates, elimination or modification to credits, deductions and other tax preferences, and a host of other changes. Every taxpayer should expect and prepare accordingly for how this new legislation will affect their tax situation.

We would be happy to provide you more information on these changes. Please contact Nathan Clark, Heather Alley or your DHG tax advisor to discuss them.

Nathan Clark | Tax Partner | 704-367-5930 | nathan.clark@dhgllp.com

Heather Alley | Tax Partner | 828-236-5848 | heather.alley@dhgllp.com

 

Featured Analysis of the New Tax Legislation:

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DHG | TV - Tax Reform Quick Clips

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What Will Tax Reform Look Like
Congress just passed the most significant federal tax legislation in the past 30 years. It will affect virtually all taxpayers. The below video from DHG
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When Will Tax Reform Be Effective?
Learn more about effective dates of tax reform and where you can get more information on tax reform updates in this DHG Tax video.
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Tax Reform: What Can Taxpayers Do Now?
What can you do now to prepare for the proposed tax reform? Watch this DHG Tax video to learn actions you can take.
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Tax Reform - Impact on Financial Statements
If passed in a form resembling the current House and Senate proposals, tax reform will impact the financial statements of most every U.S. corporation.
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