The 2017 Tax Reform legislation, the most significant federal tax law reform in over 30 years, was passed by both the House of Representatives and the Senate, and was signed into law by the President on December 22, 2017.

The “Tax Cuts and Jobs Act” (also known as TCJA) lowered business and individual tax rates, and changed U.S. international tax rules. 

Click here to read the BPM white paper which focuses on initial observations and a number of important business highlights of the Act affecting C corporations.