500 W. Madison St., Suite 1150 Chicago, IL 60661
Tuesday, March 26, 2019 from 9:00 AM to 11:30 AM
The Nuts and Bolts of the New Tax Reform Act of 2018
The Tax Cuts and Job Act became law on December 22, 2017. It’s considered the biggest tax overhaul since the 1986 Tax Reform Act. The impact of its tax changes will affect business owners and other individual taxpayers. Some will pay more, others less and a few may see no changes.
You should attend this workshop if you are:
- Business Owner interested in tax planning tips for 2018
- Wage earner if you need an update of the new tax laws.
The Workshop will cover:
- Business Tax Rates Changes
- Individual Tax Rates Changes
- Estate and Trust Tax Rate Changes
30 Major Tax Changes Effecting:
- Businesses (corporations, partnerships)
- Individuals
- Estate Tax Planning.
The Workshop will also cover the following planning considerations:
- How TCJA may reduce taxes through business restructuring
- The hidden benefits under new Section 1031 Like-kind exchange rules.
- How employee/shareholders may recover from the loss of unreimbursed employee business deductions.
- How to Unlock deferred losses trapped in “Wash Sale Loss Rules”.
- Tax benefits inherent in captive business insurance premiums
Substantial time will be allotted for Q&A
A PowerPoint presentation will be used. Attendees will have the opportunity to ask questions throughout the presentation and at the conclusion of the presentation.
Presenter: Mr.Pete Lewis has more than 30 years of tax and accounting experience and operates Lewis & Associates Tax Planning, Inc., (LATP) in St. Charles, Illinois. LATP provides tax planning, compliance, IRS debt resolution and audit representation for federal and state tax authorities. Mr. Lewis has held management positions with public accounting firms, law firms and publicly held corporations. He holds an MBA in finance from Dominican University in River Forest, Illinois, and a Bachelor’s Degree from Southern Illinois University in Carbondale, Illinois. He is also a Certified Public Accountant and Enrolled Agent Admitted to Practice before the IRS.
Regular Fee $35.00