Easily track tax law changes
Exclusively on Cheetah™, Standard Fed Plus provides a centralized location for tax professionals to efficiently monitor and understand U.S. federal tax statutory and regulatory changes with point-in-time analysis, redlining of changes and calendar features to help advisors research more quickly and better advise their clients.
Legislative Change Dashboard
Through its new Legislative Change Dashboard, Standard Fed Plus quickly summarizes IRC changes, as well as proposed and final regulations, allowing professionals to redline only when they know there is a change. Within the dashboard, attorneys can search by citation or filter changes by document title, section, document type or date to get to the information they need even faster and more reliably.
Standard Fed Plus instantly presents changes in laws, guidance, and related cases in point-in-time, which enables faster, more accurate research. Annotations and explanations for each point-in-time help reduce the complexity of regulatory change so you can accurately assess the impacts.
Standard Fed Plus clearly redlines law changes to show the differences between federal tax laws, regulations, and commentary from one period to another, dating back to 1986 and on a continual basis going forward, which helps professionals research more efficiently.
How to Calculate Section 199A Qualified Business Income Deduction
Download our guide illustrating the basic calculation of the Section 199A deduction. All tax items are qualified (see Section 199A Qualified Business Income Deduction Components: QBI, REIT Dividends, and PTP Income); and none of the taxpayers have taxable income that exceeds the threshold amount for the wages/capital limit and the service business income exclusion (see Phase-In of Wages/Capital Limit and Service Business Exclusion for Section 199A Qualified Business Income Deduction). Tax Essentials provides expert guidance, primary and secondary content, tools, client letters, Smart Charts, practice aids, and forms – all in one seamless, intuitive experience.
Tax Cuts and Jobs Act Creates New Planning Opportunities, Eliminates Old Tactics
Read our Special Report on the new challenges and opportunities for tax planning. With 2018 seeing the implementation of the vast majority of the Tax Cuts and Jobs Act (TCJA) provisions, tax professionals will have to be ready to adopt new strategies to assist taxpayers in maximizing tax savings under the new laws.