Tax Reform

If you’re wondering how the Tax Cuts and Jobs Act (“TCJA”) affects you, you’re not the only one.

Cherry Bekaert is here to be your guide forward to help you understand how the TCJA could affect you and your organization. To get this information to you as fast as possible, we’ve planned a series of webinars to discuss the implications of the TCJA and tax planning opportunities for specific industries.

What’s new, what’s the same, how to plan.

Tax Reform: What You Need to Know

Original Broadcast Date
December 21, 2017

 

Tax Reform: Real Estate and Construction Companies

Tax Reform for Real Estate and Construction Companies

Original Broadcast Date
January 16, 2018

Download Tax Reform Brochure for the
Real Estate & Construction Industry

The Tax Cuts and Jobs Act (TCJA) brings significant changes and opportunities in the tax law for businesses operating in the real estate industry. This webinar will introduce you to key areas in the new law such as the new Section 199A deduction for pass-through entities, 30% interest expense limitation, simplified accounting methods for contractors and property managers, depreciation methods for real property, like kind exchanges and new definitions and elections.

Tax Reform for THInc: Technology, Health and Industrial Companies

Tax Reform for Innovative Companies

Original Broadcast Date
January 23, 2018

Download Tax Reform Brochure for
Innovative Companies

The Tax Cuts and Jobs Act (TCJA) is generating significant changes and opportunities for businesses operating in the high tech, science, manufacturing or distribution space. This webinar will introduce you to key areas in the new law, such as the change in the corporate tax rate, the 30% interest expense limitation, simplified accounting methods options, enhancement to bonus depreciation, change to taxation of self-created patents, retention of the research and development tax credit and work opportunity tax credit, and a new credit for paying employees using the Family and Medical Leave Act. We will also have a special discussion of new federal taxes to benefit companies that retain and license their intangible assets in the U.S.
Too many changes to cover at once, but an introduction to those that may bring a tax benefit or may cause additional tax expense to your company.

Tax Reform: International Tax

Tax Reform: International Tax

Original Broadcast Date
January 25, 2018

The Tax Cuts and Jobs Act (TCJA) brings sweeping changes to the taxation of both inbound and outbound business transactions. The ground rules of international tax for the last 30+ years are radically altered. Brian Dill, National Leader for Cherry Bekaert’s International Tax Practice will introduce us to the new regime, the transitions between the old rules and the new rules, and the activities that are benefited and those that are targeted under the new law. He will discuss deemed repatriation, foreign source dividends, foreign tax credits, intangible income, transfers of foreign assets and stock sales, inventory property sourcing rules, new penalties, new reporting requirements, and more.

Tax Reform: Nonprofits

Tax Reform: Nonprofits

Original Broadcast Date
January 30, 2018

Download Tax Reform Brochure for Nonprofits

The Tax Cuts and Jobs Act (TCJA) creates new compliance requirements, additional taxes, and potential stress to the donations and contributions that are often critical funding for not-for-profit organizations. Amanda Adams, National Leader for Cherry Bekaert’s Not-For-Profit Tax Team will highlight the new rules and discuss ways for organizations to prepare and adapt to them. She will discuss the new excise taxes for private colleges, the compensation limits, changes to Unrelated Business Taxable Income, and simplifications and exceptions for private foundations.

Tax Reform: Individuals, Trusts and Estates

Tax Reform: Individuals, Trusts and Estates

Original Broadcast Date
February 6, 2018

Download Tax Reform Brochure for
Individuals, Estates & Trusts

The Tax Cuts and Jobs Act (TCJA) makes so many changes to the way individuals are taxed. Individual taxpayers will experience new rates, new deductions, repealed exemptions, deductions and credits, loss disallowance, expense limitations, and more complicated reporting for pass-through income. Our team of specialists will walk through the impacts of the new law to individuals with moderate to high annual incomes. We will also address the new law changes for trusts and estates.

There will be an emphasis on planning for 2018 tax with 1st quarter estimated tax payments just a few months away.

Tax Reform: Evaluating the Right Business Entity Choice

Tax Reform and Choice of Business Entity

Original Broadcast Date
February 13, 2018

The Tax Cuts and Jobs Act (TCJA) generates significant changes, opportunities, and costs for all businesses. With these changes comes the need to stop and evaluate the form of entity for your business (partnership, S corporation, C corporation).

Is a pass-through entity still the right choice? Should the company convert to C corporation? What about combining related business activities that are currently operating in separate entities – or separating activities that are currently operating within one entity? Does the double tax on C corporation distributions still matter? This webinar will summarize many of the new law tax provisions discussed in previous webinars with a focus toward how these, and other provisions may influence your choice of business entity. There is no simple questionnaire or obvious answer when evaluating the entity form to operate your business. The choice of entity is an important conversation to hold with your tax advisor.

Tax Reform: State and Local Tax

Federal Tax Reform and its Impact on State and Local Taxation

Original Broadcast Date
February 20, 2018

Download Tax Reform Brochure for
State & Local Tax

The Tax Cuts and Jobs Act (TCJA) is generating significant changes and opportunities in the Federal tax law. How does this new law affect state income tax? When do states adopt federal law changes? What provisions will cause states to decouple? Will enhanced bonus depreciation and limits to like kind exchanges impact property tax? Does the new international tax regime impact state income? So many unknowns and questions. Cathie Stanton, National Leader for Cherry Bekaert’s State and Local Tax Specialists will update us on the latest reactions and actions from the states to TCJA. In addition they will update us on current status of nexus determinations for income and sales & use tax, and other state and local tax issues in the news.