Tax Reform & Jobs Tax Act - How It Will Affect You

On Friday, December 22, 2017, the "Tax Cuts and Jobs Act" was signed into law by President Trump.

On Friday, December 22, 2017, the "Tax Cuts and Jobs Act" (H.R. 1) was signed into law by President Trump. Almost all of these provisions go into law January 1, 2018.

We have put together a side-by-side comparison of current law and the "Tax Cuts and Jobs Act" (H.R. 1) changes. There are numerous tax planning issues facing both individuals and business owners.

This class will provide you with a step-by-step simple explanation of the new tax law and how it may affect you.

Introduction
Standard & Personal Exemption and The Child Tax Credit
New Tax Rates & Brackets
Itemized Deductions
Alimony - Moving Expenses - Health Insurance Penalty
529 Tuition Program - ABLE Accounts - Kiddie Tax
Entertainment Expenses - 179 Deduction
20% Business Deduction & Net Operating Loss (NOL)
Student Loan - IRA Reconversions - Defined Contribution Plan Loans
Bicycle Reimbursement Exclusion - Estate & Gift Tax Exclusion - Sexual Harassment Settlement
Alternative Minimum Tax - Paid Preparer Penalties
Handy Reference Sheet

What's included

  • 11 Video Lessons
  • 1 Text Lesson

  • Works on all devices
  • Certificate of completion

Desarie Anderson CPA EA

Instructor

I am originally from London, England but currently live in Atlanta, GA with my husband David.

I always joke that I have had the distinct pleasure of using both the left and right side of my brain. I owned and operated a hair salon for over 17 years (Right side), and now I own a small Tax and Accounting practice (Left side). So you can get your hair cut & colored and get your taxes done all in one visit.

I graduated from Georgia State University with a BA in Accounting. I am a Georgia CPA and an IRS Enrolled Agent. I am also a certified QuickBooks online Pro adviser.

In addition to providing small businesses with accounting and tax resolutions services, I am passionate about helping small businesses and independent contractors manage their cash flow. No business can survive without proper cash flow management. I specialized in setting up accounting systems for Nonprofit organizations and helping taxpayers with IRS debt problems and audits.

I am a former employee of the Department of Revenue, and therefore, I have seen first-hand how small businesses suffer due to insufficient cash flow.

During the few hours of the day I am not working; I enjoy working out and watching Netflix.