55407366 - las vegas nevada, december 14, 2015: republican presidential candidate donald trump empty podium at campaign event at westgate las vegas resort & casino the day before the cnn republican presidential debate

Complimentary Wolters Kluwer Special Report

Post-Election Tax Policy Update

Donald Trump’s election as the 45th President of the United States on November 8 is expected to bring big changes to the tax laws for individuals and businesses. President-elect Trump had made tax reduction a centerpiece of his economic plans during his campaign, say­ing he would, among other things, propose lower and consolidated individual income tax rates, expand tax breaks for families, and repeal the Affordable Care Act. As the next few weeks and months unfold, taxpayers will learn more about Trump’s tax plans.

More immediately, the results of the No­vember 8 election may impact year-end 2016 tax planning, because of last-minute provisions soon expected to be passed by the “lame-duck” Congress—or by the new Congress early in 2017.

Read the complete special report here.

Highlights

  • New Administration Takes Office In January
  • Possible Revisions To Tax Code For Individuals
  • Possible Revisions To Tax Code For Businesses
  • Remaining Extenders Could Be Decided
  • Year-End Legislation May Include New Tax Incentives

Inside

  • First 100 Days
  • Individual Taxation
  • Business Taxation
  • Healthcare Related Taxes
  • International
  • Lame-Duck Tax Legislation

For more information, please contact Robert McGaghran.

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