Tax Reform for THInc – Technology, Health Sciences, and Industrial Companies
January 25, 2018
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 introduced attendees 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, changes 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. The presenters also discussed the new federal taxes to benefit companies that retain and license their intangible assets in the U.S.