On Thursday, November 2, the House Republicans released their long-awaited tax reform bill, entitled the “Tax Cuts and Jobs Act.” 429 pages in length, the bill’s release is the first step in a multi-step process. Between now and the enactment of any final tax reform bill into law, many changes, some no doubt quite significant, will be made to this legislation.
Following are brief highlights of this bill. EisnerAmper will shortly issue a more comprehensive summary. And, we will continue to keep you informed of future developments with respect to the current tax reform initiative.
EisnerAmper Tax Reform Publications
- Individual Provisions: Tax Reform Moves Forward – Comparison of House and Senate Bills
- Business Provisions Update: Tax Reform Moves Forward – Comparison of House and Senate Bills
- Comparison of House Bill vs. Senate Bill: International Tax Provisions
- A Further Discussion of the Business Provisions in the House Republicans’ Tax Bill
- Overview of new "Tax Cuts And Jobs Act" Bill
- Tax Reform Revenue Raising Provisions Will Affect Some Companies More Than Others
- Impact of Proposed Tax Reform on Financial Statements and Effective Tax Rates
- Potential Impact of Tax Rate Change on Valuations