Tax Reform Impact Summary:
- Projecting key year over year differences based on the new tax reform, including next year's (TY18) tax liability
- Analyzing and providing notes on potential tax impact
- Providing a printable summary that can be presented to your clients.
- Scheduled to be available January 31, 2018.
2017 Estimated Tax Worksheet:
The Federal Estimated Tax Worksheet has been updated with the 2018 tax rate and law. Use this worksheet to adjust income, deductions and withholding for 2018 changes and prepare quarterly estimates. The QBI deduction will also be incorporated into the worksheet IF you elect to use an estimated tax method that includes the 2018 tax liability.
See Video: https://www.gotostage.com/channel/1097429529402982661/recording/8ab130609b624b04905360e0e1f29361/watch
Tax Planner Updates:
Tax Pro Talk:
TaxProTalk is a weekly 5 to 10 minute video update of important news about your product, tax law updates, productivity tips and security alerts. New episodes are included in Lacerte product news alerts, or you can subscribe to the Intuit Academy YouTube channel for updates. The playlist can be found.
Amazon Alexa - Lacerte Flash Briefing:
If you have an Amazon Alexa, search for and add the Intuit Lacerte skill to your daily flash briefing to hear industry and product news updates, including tax reform updates. Click Here for more information.
Tax Reform Center:
Printing and Suppressing the Tax Reform Impact Summary
Deduction for Qualified Business Income (QBI) - Tax Reform Impact Summary
Generate an Estimate Worksheet
TY17 Extender Legislation Passed Feb. 9, 2018
Summary of Tax Provisions in Bipartisan Budget Act of 2018
Lacerte Tax Year 2017 Extender Legislation Information and Updates