Tag Archives: TCJA

Guidance Slowing Appearing for UBIT & Excess Compensation TCJA Provisions

In its August 2018 Update for the 2017-18 Priority Guidance Plan, Treasury and the IRS identified only two exempt organization specific items from the Tax Cuts and Jobs Act (TCJA) as needing guidance this fiscal year: "computation of unrelated business… … Continue reading

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How TCJA Affects Personal Causality Deductions

With hurricane Florence coming ashore later this week, DBL thought it would be a good time to explain the new application of personal casualty loss under the Tax Cuts and Jobs Act (TCJA).  A personal casualty loss is defined as … Continue reading

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House Republicans Propose TCJA Tax Reform 2.0 Bills

House Republicans are taking action to make permanent the individual and small business tax cuts enacted under the Tax Cuts and Jobs Act (TCJA) by introducing the following three bills to accomplish Republicans’ Tax Reform 2.0 package: H.R. 6760, the Protecting Family … Continue reading

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Dynamic Distributional Impact Shows the TCJA Lifts After-Tax Incomes Across Income Groups

A recent Tax Foundation report analyzed the distributional impact of the Tax Cuts and Jobs Act (TCJA) on both a conventional and dynamic basis, and found it will lead to higher after-tax incomes over the 2018-2027 decade for all income … Continue reading

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TCJA Expands Contribution Options for ABLE Accounts

Congress passed the “Stephen Beck Jr., Achieving a Better Life Experience” Act in 2014 to expand the types of assistance available to help disabled individuals maintain health, independence and quality of life without interfering with access to means-tested government benefits.  … Continue reading

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