Will changing tax rules affect your business?
Understand the potential impact of tax reform on business growth plans
From a major federal tax overhaul to specific state and local tax law changes, government entities are constantly adjusting the tax landscape for businesses. Further, both President Trump and the House Republicans believe that tax reform is essential if the U.S. economy is to increase its rate of growth.
As a business leader, you need to be aware of what is happening and what may happen to the taxation of your business. When the rules are constantly changing, that can be difficult. We stay on top of changes – and potential changes – so that you can plan your business strategy accordingly.
UNITED FRAMEWORK FOR FIXING OUR BROKEN TAX CODE PROPOSAL
A new tax reform plan was announced by the White House and House Republicans, including rate cuts and limitations on deductions.
State & Local
As tax reform moves through the legislative process, RSM created a calculator to help understand the possible impact to your tax liability.
Federal tax reform is a major talking point in the new administration; how and when that reform is enacted could dictate state responses.
Can a divided D.C. enact sweeping tax reform? We take a look at what kind of change to expect and when—or if—to expect it.
Repealing the estate tax but keeping the gift tax will complicate wealth transfer planning. But there are ways to avoid big mistakes.