Making Changes to Corporate and Individual Income Taxes, Indian Tribe Resource Programs and Previous Legislation

🖨 Print⏱ 3 min readTax Cuts and Jobs Act (H.R. 1) – The GOP-sponsored tax reform bill made final passage through Congress on Dec. 20. The following are provisions with the widest-ranging impact: Lowers the corporate tax rate from 35 percent to 21 percent Allows companies a one-time repatriation of overseas cash Retains seven individual … Continue reading “Making Changes to Corporate and Individual Income Taxes, Indian Tribe Resource Programs and Previous Legislation”

Enhancing Access to Retirement Funds and Emergency Medications; Getting Tougher on Online Predators of Children

🖨 Print⏱ 3 min readTSP Modernization Act of 2017 (H.R. 3031) – Sponsored by Rep. Elijah Cummings (D-MD) on June 23, this bill will offer government employees who participate in the Thrift Savings Plan more flexible withdrawal options. The law eliminates the current restriction on taking partial post-separation withdrawals if the participant has already taken … Continue reading “Enhancing Access to Retirement Funds and Emergency Medications; Getting Tougher on Online Predators of Children”

Transparency for Elder Abuse, Internet Ads and Drug Pricing

🖨 Print⏱ 3 min readElder Abuse Prevention and Prosecution Act (S. 178) – Sponsored by Sen. Chuck Grassley (R-IA) on Jan. 20, this bill is intended to prevent elder abuse and exploitation and improve the justice system’s response to victims in such cases. Among other provisions, the Act facilitates improved data collection and Federal coordination, … Continue reading “Transparency for Elder Abuse, Internet Ads and Drug Pricing”

 

TELL US ABOUT YOUR REQUIREMENTS

     
     
     
     
     
    © 2026  CPAs Fairfield NJ
    Accounting Websites by Service2Client.com