2018 Tax Cuts – Job Acts Information

Tax Cuts – Job Acts

If you did not attend the February 2018 meeting, you missed some amazing insight into the new
Tax law. Below are some articles, sent over by Jeff Weiler and Benjamin Parish with UBS Financial Services

 

Does the new tax code have you confused?

In today’s world, pursuing your life’s goals is being challenged in new ways. Which makes now the perfect time to review your goals in terms of “Advice. Beyond investing.” Because when we collaborate on what matters most to you, we can create a plan tailored for you.

Much has been said and written about the Tax Cuts and Jobs Act signed into law on December 22, 2017. Though the law is still so new that no regulations have been issued or judicial interpretations made, the individual provisions of the law present U.S. taxpayers with interesting issues and opportunities. One provision of particular interest to UBS clients is Internal Revenue Code Section
199A, which deals with the income tax treatment of the income and losses of “pass -through companies,” or PTCs. The vast majority of businesses in the U.S. are PTCs.

In 2015 the Brookings Institute reported that U. S. Treasury figures suggest that about 95% of all U.S. companies were structured as PTCs.

Click on the tabs below to read informative articles, dealing with these issues. and others.