With the first 100 days of tax reform behind us, the U.S. tax system looks very different than it did just a few months ago. From determining the impact of the lower corporate tax rate on the bottom line to changing entity structures, BDO was there to help companies navigate the new law and understand how its provisions will impact their businesses – both now and in the future.
Amid all of the changes, there are still many unknowns that carry their own significant impacts, and companies and advisors alike are eagerly awaiting further IRS guidance. BDO has its finger on the pulse of tax reform, and stands ready to navigate through these complex changes.
What do we know? BDO answers some of the top questions about the tax law in its Tax Reform FAQs.
What don’t we know yet? We are still awaiting IRS guidance in many areas. View the latest tax reform updates shared by BDO.
What should companies be doing now? Use BDO’s Tax Reform Decoder to learn about key planning opportunities your organization should be considering, and what you should be doing now.
BDO USA, LLP (BDO) is one of the nation’s leading accounting and advisory firms. In addition to their strong and growing national footprint – through over 60 offices and more than 550 independent alliance firm locations in the U.S. – BDO offers more than 1,500 offices in 162 countries, helping clients advance their business goals across industries, throughout the country and around the world.
BDO develops thought leadership publications and events to help businesses stay abreast of emerging trends and requirements. For additional information and links to various resources and tools, visit: www.bdo.com/insights or follow along on Twitter @BDO_USA_Tax.
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This post was written by Elevate, Inc.