Wednesday, June 13
9:00 am - 12:15 pm
Wanamaker Building
Philadelphia, PA
Carlo R. Ferri, Director, Tax Strategies, will be discussing how the Tax Cuts and Jobs Act impacts pass-through entities at this event sponsored by the Philadelphia Bar Association.
The Tax Cuts and Jobs Act, which became effective on January 1, 2018, will have a profound impact on individuals, trusts, estates, and businesses in a variety of ways.
Some key changes included in this law are: altering individual income taxation and estate planning concepts, reducing corporate income taxes, and introducing a new method of taxing the earnings from certain pass-through entities. It also significantly impacts taxation for estate, gift, and generation-skipping taxes. Many estate plans created under the prior tax laws will not produce the desired result.
This event will cover:
- Tax reform for individuals and non-profits
- Impact of tax reform techniques for estate planning and charitable giving
- Tax reform for pass-throughs (new Section 199A) implications for closely held businesses