Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Goldman Takes One-Time $5 Billion Hit From New US Tax Law
By Neil Callanan & Michael J. MooreCitigroup expects a hit of as much as $20 billion, while Bank of America will take a $3 billion charge.
December 20, 2017
GOP Will ‘Rue the Day’ They Passed Tax Bill, Dems SayDemocrats blasted the bill as Republicans gathered to celebrate its passage in both houses.
December 20, 2017
Tax Bill Drops Bomb on Alimony PaymentsThe GOP tax reform bill changes the tax treatment of alimony (or spousal support) payments in one important way.
December 19, 2017
House Passes GOP Tax Cut BillThe bill now moves to the Senate for a vote; Trump is expected to sign it into law as soon as tomorrow.
December 15, 2017
GOP Releases Final Tax Cut BillLegislators kept virtually the entire corporate cut and made sure it starts next year, said Andy Friedman of The Washington Update.
December 15, 2017
This Tax Bill Is a Trillion-Dollar BlunderA billionaire says typical corporations now have plenty of cash, anyway.
December 15, 2017
Corker to Vote Yes, All but Ensuring Passage: Tax Debate UpdateHis change of heart comes about an hour after Rubio said yes, improving the tax bill's prospects.
December 13, 2017
Tax Reform Agreement ‘Very Close’Top Democrats chafed at being left out of the process as they learned the particulars of the final agreement from media reports.