How Tax Reform Will Affect Manufacturing
January 3, 2018
On December 22, just a few weeks following the passage of the Senate’s Tax Cuts and Jobs Act, the conference version of the bill was signed into law, marking the largest change to U.S. tax policy in decades.
With most of the provisions set to go into effect in the new year, it’s important that the manufacturing industry review the changes that occurred during the conference process to understand the impact to their companies.
What Changes are Coming for Manufacturing Organizations?
To help organizations navigate the key provisions affecting manufacturers, we’ve summarized top considerations and implications below.
Tackling Tax Reform: 5 Initial Steps Manufacturers Can Take Now
Here are five steps manufacturing companies should take now to tackle tax reform:
Please look for future communications from Smith & Howard’s tax group on additional details of the new tax bill. Keep in mind that it is important to speak with your tax professional before taking any action. If you have any questions about how the new tax bill can affect your manufacturing company, contact Debbie Torrance at 404-874-6244 or fill out the form below.
If you have any questions and would like to connect with a team member please call 404-874-6244 or contact an advisor below.CONTACT AN ADVISOR
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