• Tax Reform

Legislative updates and actionable insights.

The $1.5 trillion tax legislation of 2017 represents the biggest change to the tax code in a generation. The tax reform bill known as the “Tax Cuts and Jobs Act” (TCJA) has broad implications – both for businesses and the people behind them.

From lowering the corporate and individual income rates and eliminating numerous deductions, to new rules for pass-throughs, the elimination of the AMT for corporations, and the shift to a territorial tax system, the business implications of tax reform will be felt for years to come.

But what does the new law really mean for your business, and for you? The impact will be different for every business and industry. BDO’s tax reform resource center brings together important legislative updates with actionable insights.

Featured Insights

Tax Reform
October 06, 2020
On September 29, 2020, the Department of the Treasury and the Internal Revenue Service...
Tax Reform
September 24, 2020
Final regulations issued by the IRS on July 28, 2020, on the Section 163(j) business interest...
Tax Reform
September 23, 2020
On September 22, 2020, the Department of the Treasury and the Internal Revenue Service published...
Tax Reform
September 22, 2020
The U.S. presidential election is just over a month away, yet neither candidate has released a...
Tax Reform
September 21, 2020
Information about the applicable dates of the regulations, highlights and answers to frequently...
See all Featured Insights

Events, Webinars & Social

Blog Post
August 24, 2020
It’s critical for nonprofits to stay abreast of proposed and updated regulations from the...
Webinar
March 30, 2020
The CARES Act is intended to provide relief and recovery to businesses and individuals.
Webinar
February 04, 2020
Join BDO as we explore highlights from our 2019 public company Board of Director Survey. We will...
Webinar
December 04, 2019
This session will help identify planning opportunities for businesses following tax reform and...
Webinar
November 21, 2019
BDO professionals will provide advice for businesses regarding important year-end tax planning...

The evolution of tax.

As global business becomes increasingly complex, managing taxation in multiple jurisdictions has also become more complicated as governments and other tax authorities are intensifying their scrutiny on corporate tax practices.

If tax reform has taught us anything, it’s that change is the new normal. Tax laws are constantly updated as the IRS issues new guidance and regulations. U.S. tax reform altered everything from corporate tax rates to rules around deductions for interest expenses. The Supreme Court’s decision in South Dakota v. Wayfair also sent states scrambling to alter how they tax products and services from remote sellers.

Staying on top of tax reform news is no easy task, which is why BDO has developed this resource center to provide you with the latest news and insights.

Tax Planning Timeline

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Contacts

Todd Simmens
Todd Simmens National Managing Partner of Tax Risk Management 732-491-4170
Joe Calianno
Joe Calianno Tax Partner and International Technical Tax Practice Leader, National Tax Office 202-644-5415
Jeffrey Bilsky
Jeff Bilsky Partner; National Technical Practice Leader, Partnership Taxation 404-979-7193
Connie Cheng Cunningham
Connie Cunningham Tax Managing Director 310-557-8544
Randy Schwartzman - BDO New York
Randy Schwartzman Corporate Tax and Mergers and Acquisitions (M&A) National Technical Practice Leader 631-927-1159
Chris Bard
Chris Bard R&D and FDII Tax National Leader; Global R&D Center of Excellence Chairman 310-557-7525
Michael Williams - BDO Boston
Michael Williams Income Tax Provision Services (ASC 740) Partner & National Practice Leader 617-239-4174
Joan Vines
Joan Vines Managing Director 703-770-4444
John Nuckolls
John Nuckolls Managing Director; Private Client Services National Senior Technical Director 415-490-3393
See all contacts

Opportunity Zones Tax Incentives

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Events

December 02, 2020
BDO’s SALT Practice invites you to attend a complimentary webinar focusing on state income tax as well as 2020 legislative and judicial developments.
December 04, 2020
In this course we will identify actions that your tax department can take now, ahead of year-end, to ready your team, workpapers and systems for the annual provision reporting period. With a focus on tax provision software, tax data and other emerging technologies, we'll guide you through how to best leverage the tools at your disposal to confidently tackle year-end close and build upon that foundation to transition seamlessly into your 2020 compliance season.