Stay up to date with the latest developments in tax reform by listening to our featured video. Learn what is going on in Washington that may impact you and your clients, and what to expect with potential tax law changes. We will update our featured video frequently so you'll have the latest insight at your fingertips.

This series of frequently asked questions (FAQs) provides answers to questions we are hearing from our members about the Tax Cuts and Jobs Act (TCJA).

General

Individuals

Passthroughs

Corporations

International

Estates, gifts and trusts

Qualified business income (QBI) deduction (Sec. 199A)

The AICPA is committed to being your home for all guidance and resources related to tax reform. Below are a variety of resources and other tools to keep you informed.

Guides, Podcasts and Templates

CARES Act, 2020, H.R. 748, and Families First Coronavirus Response Act, 2020, H.R. 6201

Further Consolidated Appropriations Act, 2020, H.R. 1865

Tax Cuts and Jobs Act (TCJA)

Client Outreach

Planning Strategies

IRS Guidance and Resources

Read up-to-the-minute news articles and blogs published in the Journal of Accountancy, The Tax Adviser, AICPA Insights Blog, Tax Section Newsletter and The CPA Advocate — AICPA's premier publications that provide superior content for today's CPA.

It's important for CPAs to stay up to date with legislative changes, the dynamic political environment and the profession's tax reform advocacy efforts. Our tax leadership and dedicated AICPA staff are regularly involved in a wide range of tax policy and advocacy activities, including discussions with Congressional offices, Treasury officials, IRS executives and key stakeholders. Using AICPA’s Principles of Good Tax Policy as our foundation, we also regularly submit comments, including the following submissions that provide valuable suggestions on ways to improve our tax system:

Troy Lewis meets Senate Finance Chair Orrin Hatch
(Left to right): Mary Strong, AICPA Board of Directors member, Alabama Rep. Terri Sewell, and Jeannine Birmingham, Alabama Society of CPAs, discuss role of sound tax principles in tax reform
Annette Nellen testifying at Senate Small Business and Entrepreneurship Committee hearing