Easily Track Tax Law Changes
Exclusively on Cheetah for Tax Law, Tax Reporters Plus Suite offers legal professionals a more efficient way to monitor and understand U.S. statutory and regulatory changes and ensure proper interpretation of a rule through its Legislative Change Dashboard, point-in-time and redlining functionality, and industry-leading expertise and guidance. The suite includes Standard Fed Plus, State Tax Plus, and Estate & Gift Tax Plus and leverages an issue archive of Standard Federal Tax Reporter dating back to 1986, the State Tax Reporter and the Estate & Gift Tax Reporter, as well an Internal Revenue Code archive dating back to 1954. The suite enables you to redline code changes and the Reporters’ editorial commentary.
Legislative Change Dashboard
Through its Legislative Change Dashboard, Tax Reporters Plus Suite 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.
Tax Reporters Plus Suite enables professionals to reduce the time they spend conducting tax research for a particular date in time which helps them reduce costs, and improve client services. Simply selecting a date on the calendar shows the correct version of the law for that particular date, or you can use the timeline to quickly identify a day in time. Annotations and explanations are also provided to help reduce complexity, and enable professionals to accurately assess the impact of the law to avoid misinterpretation of a rule, enabling faster, more accurate research.
Tax Reporters Plus Suite clearly redlines law changes to show the differences between laws, regulations, and commentary from one period to another, and includes comprehensive archives, as well as updates going forward, to help professionals research more accurately and efficiently in the main areas of U.S tax research.
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.