The 2017 Tax Cuts and Jobs Act, also known as 2017 tax reform, initiated many changes for tax professionals this season. It’s important for tax preparers to understand what those changes mean for their customers, and that can take time. Fortunately, the IRS has provided several resources to help wade through the confusion.
Did you know the IRS has a video portal where they’ve posted webinars to help tax pros? Not only are the webinars available for viewing, but there are also transcripts of the webinars available. To name a few, subjects include:
- Tax Reform Due Diligence Requirements
- Tax Reform Basics for the Qualified Business Income Deduction (199A)
- Tax Reform Basics for Employers
- Tax Reform Basics for Individuals and Families