On December 22, 2017, President Donald Trump signed the Accountant Full Time Employment Act, legally known as the Tax Cuts and Jobs Act. Since then, CPAs from coast to coast have been scrambling to answer, "What's this crap that landed in our laps?"
This book summarizes a year's learning into way too many pages, going through each change and analyzing what it means for your and your business.
We have all the good stuff.You want your 20% Qualified Business Income Deduction under Section 199A? Yeah, we've got that, with lots of examples.
What about your Qualified Opportunity Fund? That's there as well.
The author, who is a CPA and, therefore, lacks a fully developed personality, attempts to explain the topics with as much clarity and wit as is legally allowed for the profession.