2017 Tax Reform for Individuals: Winners and Losers

Streams live on: Friday, December 14, 2018 at 02:30pm EST

Course Format Webcast

Taught by

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Course Description

Estimated Duration 60 Minutes
Difficulty Intermediate

This course provides a general overview of some of the effects of the 2017 Tax Reform Act on individuals, such as the deduction limitations for state/local taxes (SALT) and mortgage interest, the new 20% pass-through business deduction, and certain benefits for investments in so-called “qualified opportunity zones”.  The discussion covers some proposed Treasury Regulations and other guidance over the past year that have expanded upon the new legislation.

The program, led by attorney Libin Zhang, will take a look at some suggested taxpayer strategies that have been rejected by the Treasury, and other strategies that may be successful moving forward.


Learning Objectives:

  1. Identify the effects of the new tax law on individuals
  2. Analyze some state responses to the SALT deduction limitation, and the Treasury counter-responses
  3. Gain an overview of the 20% pass-through business deduction, and the types of businesses that the Treasury has identified as qualifying or not qualifying for the deduction
  4. Discuss the tax benefits for investments in qualified opportunity zones
  5. Explore potential personal tax planning and other considerations to maximize the benefits of the new tax law, such as creating trusts


Faculty

Libin Zhang

Roberts & Holland LLP

Libin Zhang is a partner at Roberts & Holland LLP. He works on a variety of matters relating to corporations, real estate, and international taxation. Recent publications include:

  • The End of Eternity: Anomalies in Transition to Territoriality, Tax Notes (April 30, 2018)

  • Marginal Income Tax Rates of the Passthrough Business Deduction, Tax Notes (May 21, 2018)

  • To the Frying Pan: New Virtues of Subpart F Income Over GILTI, Tax Notes (July 2, 2018)

  • Qualified Opportunity Zones: Hot Tubs and Other Hot Topics, Tax Notes (August 6, 2018)

He received his B.S./M.S. joint degree with honors from the California Institute of Technology, his J.D. magna cum laude from Harvard Law School, and his LL.M (Taxation) from New York University. He has passed the Chartered Financial Analyst (CFA) Level III exam.



$59

$ 59 Tax Law In Stock

Accreditation

Course is pending approval in the following states: Idaho (CLE), Minnesota (CLE), North Carolina (CLE). Click here to learn more .

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