Get Tax Insights on Wednesday, Oct. 3

By: Jennifer Webb

Last year, President Trump signed into law the widest-ranging tax reform legislation in decades. Learn more about how the new federal tax laws and regulations will impact your business during a free webinar hosted by the Big “I,” to take place Wednesday, Oct. 3 at 1:30-2:30 p.m. ET.

The new legislation will impact the tax liability of agents and brokers in 2018 and beyond. The centerpiece of the law is a reduction of the corporate tax rate from 35% to 21%.

The law also changes tax rates for individuals and creates a special 20% deduction for pass-through businesses. The Treasury Department recently released draft regulations that outline how insurance agencies and brokerages can benefit from the new pass-through deduction.

The webinar will provide a brief introduction to the tax law and its impact on C-corps, as well as changes to individual tax rates. It will also offer a comprehensive explanation of the new deduction for pass-through entities and the draft regulations that directly address how insurance agents and brokers can use the new deduction. Approximately 80% of Big “I” members are organized as pass-through entities, such as S-corps and LLCs.

Don’t delay—register for the webinar today! If you have any questions about the webinar or have problems with registration, please email the Big “I” government affairs team.

Jennifer Webb is Big “I” federal government affairs counsel.