While the Tax Cuts and Jobs Act promises good news for taxpayers for 2018, tax planning to take maximum advantage of those provisions has been difficult due to continuing uncertainties as to how to interpret various provisions of the tax reform legislation. Our latest multi-part blog presents an article written by Mark A. Luscombe, JD, LLM, a CPA and Attorney, that was recently published in Accounting Today. He addresses 14 open areas where there is still some confusion and presents an analysis of what the IRS has indicated thus far on these issues. 

Part 1 of our blog deals with the Pass-Through and the SALT Deductions.
https://www.sharrardmcgee.com/blog.php

If you have any questions about specific areas of your business or individual tax planning that are impacted by the TCJA, call your tax consultant at Sharrard, McGee & Co., PA at (336) 884-0410 in High Point and (336) 272-9777 in Greensboro.